A national real estate firm has made its first acquisition under a new fund aimed at building a portfolio of affordable housing properties for middle-income renters, a segment growing in demand that until recently developers largely ignored.
Investment firm uses California apartment purchase as launching pad to serve middle-income renters
Sagard views nationally emerging multifamily segment as a high-demand frontier with little supply
By Jon Leckie
CoStar News
December 5, 2024 | 7:20 P.M.
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IN THIS ARTICLE
- Properties
- Vista Imperio Apartments
5880 Lochmoor Dr, Riverside, CA
- Companies
- Sagard Real Estate
Real Estate