Home RSS
Real Estate
Cars

Real Estate Acquisitions

DBR
Real Estate Acquisitions - United States - apartment - projects


Equity Residential, the largest publicly traded U.S. apartment landlord, bought a 679-unit apartment tower in San Diego for $200 million.



The downtown property, called Vantage Pointe, was built in 2009 as a condominium project, the company said in a statement today. Equity Residential purchased all of the building’s units and is operating them as rentals. 
Real Estate Acquisitions - United States - apartment - projects
The property is about 22 percent occupied, Equity Residential said. Amenities at the 40-story tower include a clubhouse, rooftop pool and sundeck, fitness center and theater. 

Source



Add your comment
  Anonymous comment
Nickname:
Password:
  Remember me on this computer

Title:
Send me by email any answer to my comment
Send me by email every new comment to this article





 
_________________________________________________________________________
 
Disclaimer: The information presented and opinions expressed herein are those of the authors and do not necessarily represent the views of Estates Report and/or its partners.