July 12, 2016
Looking to network with those making MF deals across the nation? Be sure to register for Connect Apartments on September 15 at L.A. Live.
Holliday Fenoglio Fowler, L.P. (HFF) closed the $28.9 million sale of Sun Ridge Apartments, a 160-unit, garden-style apartment complex in the East San Diego County community of Santee, CA. HFF marketed the asset on behalf of the seller, MG Properties Group, and procured the buyer, Stratford Partners.
Sun Ridge Apartments sits on 5.45-acres, includes 16 one-bedroom and 144 two-bedroom units and features a swimming pool, covered picnic area with grills, gated dog runs, children’s playground and 24-hour laundry facility.
HFF’s investment sales team included Hunter Combs and Sean Deasy. San Diego-based MG Properties is a privately owned owner and operator. Stratford Partners is a private real estate investment company based in Del Mar, CA.
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