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Real Estate/Development

Sep. 11, 2016

Sares-Regis Group plans to acquire more apartment assets

A Sares-Regis Group fund recently received more than $300 million it will use to acquire more properties in the western United States.

A Sares-Regis Group fund recently received more than $300 million it will use to acquire more properties in the western United States.

The Irvine-based company said the intent of the Sares-Regis Multifamily Value-Add Fund II is to leverage the fund to acquire approximately $850 million in apartment assets.

This summer, Sares-Regis Group paid $56.9 million to acquire the 208-unit Mission Trails Apartments in the San Carlos area of San Diego.

"We are very pleased to ha...

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