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A Long Beach-based 1031 exchange investor paid $14.4 mil for Sandpiper Apartments, a 71-unit apartment community in Whittier. The transaction closed at a price of $202.8k/unit and a cap rate of 4.84%.
Long Beach, Calif. May 3, 2023 – Stepp Commercial Group, a leading multifamily brokerage firm in the Los Angeles market,… Read more »
In 2022, we helped our clients find unique opportunities to exchange into higher returns. Our team was able to source… Read more »
Transaction marks the highest price per square foot paid in the Bixby Knolls submarket in 2022 Long Beach, Calif…. Read more »