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Greystar Pays $84.2M for Long Beach Multifamily Complex

Meruelo Group Sells Avana on Pine Apts
By Chris Bundy
April 9, 2018 | 8:29 P.M.

Greystar Real Estate Partners acquired the Avana on Pine apartments at 245 Pine Ave. in Long Beach, CA from Meruelo Group for $84.2 million, or about $399,000 per unit.

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