Bohannon-Built Belmont Apartment Complex Trades for $20.5MM as Schilling Family Resets Tax Position

Levin Johnston brokers $525,641-per-unit sale of 39-unit El Dorado Apartments to the Flaherty family in a 1031 exchange, capitalizing on the Mid-Peninsula's deepening divide between full Class B/C buildings and struggling Class A product. The Schilling family has cashed out of one of Belmont's best-preserved 1960s-era apartment communities, selling the 39-unit El Dorado Apartments to […]