Romel Enterprises Buys Burlingame Apartment Complex for $40.6MM

Burlingame Towers, an 85-unit, eight-story apartment building in Burlingame just traded hands, and San Mateo-based Romel Enterprises was the buyer. Romel purchased the asset from the Palo Alto-based Mayfield Companies for $40,575,000 or just over $477,000 per unit, according to public records. [contextly_sidebar id="B077sDi60qdltjpi0IhBR6lmnGDioUce"]Burlingame Towers is the Peninsula city’s tallest structure, and it offers views […]