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Upland Apartments’ Original Developer Divests for $48M

Institutional Property Advisors (IPA), a division of Marcus & Millichap dedicated to serving the company’s institutional clients, closed the sale of Upland Village Green, a multifamily asset in Upland

Summary

The 24-building multifamily property on the eastern border of Upland near Rancho Cucamonga and Ontario sold for $48.

Institutional Property Advisors (IPA), a division of Marcus & Millichap dedicated to serving the company’s institutional clients, closed the sale of Upland Village Green, a multifamily asset in Upland. The 24-building multifamily property on the eastern border of Upland near Rancho Cucamonga and Ontario sold for $48.5 million. “Placed on the market for the first time in over 40 years by the...

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