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Investor Advanced Real Estate Expands Multifamily Portfolio in Orange County

Trident Property Management Sold the 68-Unit Property in Huntington Beach, California
The multifamily property at 7886 Beachpoint Circle encompasses five buildings. (CoStar)
The multifamily property at 7886 Beachpoint Circle encompasses five buildings. (CoStar)
By Paul Powers
CoStar Research
June 26, 2024 | 5:22 P.M.

The Irvine, California-based investor Advanced Real Estate has purchased a multifamily property in nearby Huntington Beach for $24.55 million, or about $361,029 per unit. The five-building complex— called Beachpoint Apartments — was sold by the Orange, California-based Trident Property Management.

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