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Bay Area Investment Fund Makes $56M Buy

LOS ANGELES-Windsor Realty Fund-V, a co-investment fund managed by GID sells the 392-unit Windsor at Victoria Heights to Acacia Capital Corp.

By Natalie Dolce | Updated on May 01, 2012

(Save the date: RealShare Apartments comes to the Westin Bonaventure, Los Angeles, October 24.)

LOS ANGELES-Those who follow @GlobeStcom on Twitter may have seen a post teasing the announcement last week, but GlobeSt.com has learned that Acacia Capital Corp., a large Bay Area investment fund, has closed escrow on the largest single asset sale in the San Gabriel Valley since 2005. The 392-unit residential apartment community known as “Windsor at Victoria Heights” was sold for $56 million on behalf of Windsor Realty Fund-V, a co-investment fund managed by GID.

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