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Orange County Apartment Sale Among Region’s Largest of Past Year

Deal Completed Amid Multifamily Transaction Slowdown in Coastal California Market
Investment firm IMT Residential acquired the 348-unit Broadstone Cavora apartments in Laguna Niguel, California. (CoStar)
Investment firm IMT Residential acquired the 348-unit Broadstone Cavora apartments in Laguna Niguel, California. (CoStar)
CoStar News
September 19, 2023 | 7:50 P.M.

An apartment sale topping $150 million in California’s Orange County is among the region’s largest of the past year, even amid historically low multifamily property deal volumes and sluggish rent growth. 

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