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Two Modesto Apartment Complexes Sell for $39.6MM

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MODESTO, Calif.--The Mogharebi Group ("TMG") has completed the sale of The Commons Apartment Homes, a 100-unit community, and Summerview Apartment Homes, a 136-unit community, in Modesto. The two properties sold together for $39,600,000 with multiple offers. Alex Mogharebi and Otto Ozen of The Mogharebi Group represented the seller, a Southern California based investor. The buyer was a private investor based in the Bay […]

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