Brief
IPA Team Closes Sale of Pomona Multifamily
Institutional Property Advisors (IPA), a division of Marcus & Millichap dedicated to serving the company’s institutional clients, closed the sale of Terramonte at Foothill, a 138-unit multifamily asse
Summary
Institutional Property Advisors (IPA), a division of Marcus & Millichap dedicated to serving the company’s institutional clients, closed the sale of Terramonte at Foothill, a 138-unit multifamily asset in Pomona.
The $36.
7-million sale price represents $265,942 per unit. “The sale is one of only four 100-plus-unit, market-rate multifamily transactions to have occurred in Pomona over the past five...
Source
- Connect CREconnectcre.com
