The North Broadway property's buyer is Greentree Townhomes LP, with Gleiberman Investments Inc. acting as general partner. In the past five years, Mark Gleiberman and his affiliates have acquired 14 apartment properties, totaling 950 units, in San Diego County.
The Carlsbad office of Colliers International has represented the buyer and seller, Amac Investments, in the transaction for the 28-year-old complex. An extensive rehabilitation project is planned.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.