Home Finance Intercontinental Real Estate & Security Properties Buy 244-Unit Sacramento Multifamily Community for $87.5MM
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Intercontinental Real Estate & Security Properties Buy 244-Unit Sacramento Multifamily Community for $87.5MM

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(EDITOR’S NOTE: According to sources with knowledge of transaction detail, the property sold for $87.5 million, or $358,606 per unit.) Boston (September 8, 2021) – Intercontinental Real Estate Corporation (“Intercontinental”) in joint venture with Security Properties have acquired Broadleaf Apartments, a 244-unit Class B+ garden-style apartment community located in the Pocket neighborhood of Sacramento, CA. […]

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