Stratford Partners JV Buys San Diego-Area Apartments for $34M
A joint venture between Stratford Partners and LLJ has acquired a 189-unit apartment complex in northern San Diego County. The joint venture put down $33.6 million for Pacifica Palms Apartments at 1861 East Washington Avenue in Escondido, according to Institutional Property…
A joint venture between Stratford Partners and LLJ has acquired a 189-unit apartment complex in northern San Diego County. The joint venture put down $33.6 million for Pacifica Palms Apartments at 1861 East Washington Avenue in Escondido, according to Institutional Property…
BELLINGS Intelligence Score: 10
Why it matters
This is a routine commercial real estate transaction involving a $34 million apartment complex acquisition, representing ordinary market activity with limited broader impact or novelty for credit-market professionals.
Sources
Commercial Observer
Stratford Partners JV Buys San Diego-Area Apartments for $34M
A joint venture between Stratford Partners and LLJ has acquired a 189-unit apartment complex in northern San Diego County. The joint venture put down $33.6 million for Pacifica Palms Apartments at 1861 East Washington Avenue in Escondido, according to Institutional Property…