Newport Beach apartment complex just sold by Chris Keramati for $25 Million

Triqor Group is pleased to announce the sale of Newport Terrace Apartments in Newport Beach, California. Managing Partner, Chris Keramati, successfully represented both buyer and seller for the transaction. The property is located in a highly attractive market which generated multiple offers prior to close and sold for over $500,000 per unit. Newport Terrace Apartments is a 49-unit property constructed in 1963, with a great unit mix of large 3-bedroom, 2-bedroom and 1-bedroom units.