MJM Land Development Buys Sunnyvale Apartment Complex for $24MM

By Meghan Hall A Sunnyvale apartment complex has traded hands, indicating that investor appetite for well-located assets continues. In a deal that closed last week, an entity affiliated with MJM Land Development purchased the Bungalows at Ahwanee Apartments for $24 million. The property was sold by an entity affiliated with Ahwanee Bungalows LLC. The Mercury […]