A foreign investor marked its foray into the U.S. apartment market with its acquisition of The Encore at 712 E. Walnut St. in Pasadena, California. New Standard Equities Inc. sold the asset for more than $17.21 million, or about $574,000 per unit.
A foreign investor marked its foray into the U.S. apartment market with its acquisition of The Encore at 712 E. Walnut St. in Pasadena, California. New Standard Equities Inc. sold the asset for more than $17.21 million, or about $574,000 per unit.
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712 Walnut St, Pasadena, CA
Commercial Real Estate Advisor, Coldwell Banker Commercial Realty
Managing Director Investments, Marcus & Millichap