Login

Raintree Ventures Buys Glendale Apartments for $34.5 Million

Joint Venture Sells 92-Unit The Summit at La Crescenta
The apartments at 3250 Fairesta St. sit on 3.7 acres in Los Angeles County. (CoStar)
The apartments at 3250 Fairesta St. sit on 3.7 acres in Los Angeles County. (CoStar)
By Keith Dornin
CoStar Research
January 3, 2020 | 10:07 P.M.

Stockbridge Capital Group and NNC Apartment Ventures sold The Summit at La Crescenta apartments at 3250 Fairesta St. in Glendale, California, for $34.53 million, or about $375,000 per unit, to Raintree Partners.

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Sign Up For a Personalized Demo.

Sign Up For a Demo To Learn More.

Already A Subscriber? Sign In

IN THIS ARTICLE