FOLSOM, CA-Marcus & Millichap Real Estate Investment Services reported that a private investor has acquired an apartment community in Folsom. The complex, called Rain Tree Apartments, contains 28 units.

The property, sold by a private investor, is situated at 1000 Sibley St. Eric Price and Peter R. Flis from Marcus & Millichap's Sacramento office negotiated the deal on behalf of both the buyer and the seller. For the full story, go to Sacramento Business Journal .


GlobeSt.com News Hub is your link to relevant real estate and business stories from other local, regional and national publications.

Continue Reading for Free

Register and gain access to:

  • 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
NOT FOR REPRINT

© 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.