This transaction marks the last of three multifamily project acquisitions the San Diego real estate company has completed this month as part of a 1031 tax deferred exchange involving the sale and/or purchase of $151 million in local real estate.
With this most recent purchase, H.G. Fenton's residential portfolio nowtotals 2,089 units in eight apartment communities throughout San DiegoCounty.
"We continue to grow our residential portfolio with well-maintained andwell-located communities throughout San Diego County," says Mike Neal, president of H.G. Fenton Co.
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