MANAGING PARTNERS OF TRIQOR GROUP CLOSE OVER $40MM IN ORANGE COUNTY
Chris Keramati and Gary Tolfa, Managing Partners of Triqor Group have recently closed on two notable transactions in Orange County, totaling 124 units with a combined sale price of $40.3 million. Tolfa’s sale of an 80-unit mixed-use property in Huntington Beach and Keramati’s sale of a 44-unit apartment complex in Orange highlight their dominance in the Orange County marketplace.
Orange, CA—Chris Keramati successfully closed the sale of a 44-unit apartment property in the desirable city of Orange, CA, for $15.75 million. This was a highly sought-after pride-of-ownership asset constructed in 1974. Keramati produced a non-contingent offer that helped the buyer secure the deal.
Situated on over 2 acres, the property features spacious units, with the majority being 2-bedroom layouts. The complex offers gated entry, gated parking, a pool & a spa. The property sold at a 4.1% cap rate with over 30% rental upside.
Huntington Beach, CA—Gary Tolfa, Founder and Managing Partner of Triqor Group has successfully closed the sale of a premier mixed-use property in Huntington Beach, CA for $24.55 million. Representing both the buyer and seller, Tolfa facilitated this off-market transaction, marking the first time the property has changed hands in over 35 years.
Located off Beach Blvd., this pride-of-ownership asset is situated on approximately 4 acres and features 68 spacious apartment units alongside 12 commercial office spaces. The residential units, primarily 2-bedroom, 2-bathroom layouts, all boast private patios or balconies. The property offers a range of desirable amenities, including tennis and pickleball courts, a pool and spa, and a recreation room, making it a highly attractive investment in the heart of Huntington Beach.