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Blackstone Group Sells Pomona Multifamily

JV Pays $37 Million for 220-Unit Olive Ridge Resort Apts
By Christopher Kumlin
February 12, 2019 | 6:43 P.M.

Positive Investments Inc. and Prime Healthcare have acquired The Olive Ridge Resort apartments at 2261 Valley Blvd. in Pomona, California, for $37 million, or about $168,000 per home, from The Blackstone Group LP.

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