62 Units Recently Closed By Chris Keramati
Triqor Group is pleased to announce the recent closings of approximately $16 million worth of apartment buildings within Los Angeles County. Managing Partner, Chris Keramati, along with top-producer, David Oronoz, successfully represented both buyer and seller for the Saturn Apartments in Downey, CA, and for a 34-unit portfolio is Whittier, CA in off-market transactions.
The Saturn Apartments sold for $7,150,000 and is a 28-unit property located in Downey, CA consisting of mostly 2-bedroom units. The apartment complex sold off-market to a 1031 exchange client. The property is located walking distance from The Downey Landing, The Promenade at Downey, and Kaiser Permanente Downey Medical Center.
The 34-unit Portfolio sold for $8,645,000 and consists of four separate properties all in Whittier, CA. The properties consist of both 1&2-Bedroom units ranging from 6-14 units each. Chris and David succeeded in negotiating suitable escrow measures for two individual sellers and three individual buyers while simultaneously assisting each seller in identifying an upleg.
- Most transactions generated multiple offers.
- 1031 Exchange Sellers.
- Coterminous Portfolio Disposition.
If you are considering an exchange to grow your portfolio:
Ask about Triqor Group’s Proprietary Exchange Program