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Monterra Ridge Apartments

Canyon Country Apartment Complex Sold For Over $62 Million

Monterra Ridge Apartments Canyon Country Apartment

A Canyon Country apartment complex has sold for over $62 million, officials said Monday. Los Angeles-based investment and asset manager Gelt, Inc. has sold the Monterra Ridge Apartments for $62.5 million to the Culver City-based BAG Investments, according to company officials. “After executing on our value-add improvement plan, and noting a healthy multifamily sales market in Southern California, our team ...

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