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Apartment complex sale marks top Inland Empire deal in years as institutional buyers return

Abacus Capital Group pays nearly $167 million for Riverside complex
The ground lease on the Esplanade Apartment Homes in Riverside, California, sold for $166.5 million. (CoStar)
The ground lease on the Esplanade Apartment Homes in Riverside, California, sold for $166.5 million. (CoStar)
CoStar News
September 11, 2025 | 7:08 P.M.

An institutional investor has acquired one of Riverside, California’s biggest apartment complexes in the largest Inland Empire multifamily deal in more than three years.

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News | Apartment complex sale marks top Inland Empire deal in years as institutional buyers return