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Local investor buys multifamily property in California area with high housing demand

James Investment Partners purchases the Sterling Pointe Apartments in Sacramento
The Davis, California, property has more than 50 units. (CoStar)
The Davis, California, property has more than 50 units. (CoStar)
By Jake Cunningham
CoStar Research
November 13, 2024 | 5:09 P.M.

In a year that's seen the Sacramento region's multifamily demand outpace completed construction, a local investor purchased a 57-unit apartment complex.

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