Two Valley Apartment Buildings Trade for $139M

Article originally posted on Globe St. on August 23, 2019

MG Properties Group has acquired to apartment properties north of Los Angeles, Enclave at Warner Center and Meridian Place in Northridge. The two properties traded hands for more than $139 million.

The two properties total 397 units. Enclave sold for $69.25, while Meridian Place traded hands for $70.25 million.

Brian Eisendrath, Brandon Smith and Cameron Chalfant at CBRE secured financing for the acquisitions.

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