Fresno Apartments Fetch $44M in First-Ever Sale

The Mogharebi Group (TMG) represented JBT Property Management in the sale of Maroa Park Apartments, a 248-unit multifamily community located at 475-585 W. Sierra Ave. in Fresno, to a private buyer for $44 million. TMG’s team of EVP Otto Ozen, SVP Brian Nakamura and Svp Nazli Santana represented the seller. “As a first-time-on-the-market property since its...