Positive Investments, a diversified real estate investment and property management company based in Los Angeles, along with joint-venture partner The Hankey Group, has acquired three apartment complexes located in Los Angeles and Orange counties for $83 million, or about $232,000 per unit, from a private trust associated with Whelan Investments.
Apartment Investor Buys 452 Units in Los Angeles, Orange Counties
Private Trust Sells Three Properties for $83 Million and a Fourth for $22.5 Million
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IN THIS ARTICLE
- Properties
- Westminster Apartments
8342 Westminster Blvd, Westminster, CA
- Hawaiian Terrace Apartments
12100 226th St, Hawaiian Gardens, CA
- Bradford Terrace Senior Apartments
1112 Bradford Ave, Placentia, CA
- Shoemaker Court Apartments
14121 Shoemaker Ave, Norwalk, CA
- Companies
- The Hankey Group
Management of Companies and Enterprises
- Contacts
- Doug Rodermund
Vice President, Morgan-Skenderian Investment Real Estate Group
- Paul Espinosa
Senior Associate, Morgan-Skenderian Investment Real Estate Group