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Sobrato Sells Multifamily Portfolio to RREEF for $184.5M

Northern California Properties Total 1,380 Units
By Brady Baird
November 15, 2007 | 4:00 AM

RREEF America LLC purchased a five-property multifamily portfolio totaling 1,380 units in Northern California from Sobrato Development for a total of $184.5 million, or about $135,000 per unit.

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