Gelt sells Santa Clarita, Calif., residential community for $63M

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Read: Early Q4'19 Results Point To 6 Million-Plus Multichannel Subscriber Drop In 2019
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Gelt sells Santa Clarita, Calif., residential community for $63M

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Segment

IFRS 9 Impairment How It Impacts Your Corporation And How We Can Help

The Market Intelligence Platform

Real Estate

Real Estate Solutions Overview

6 Jan, 2020

Author Sylvia Cycil
Theme Real Estate

Gelt Inc. sold the 232-unit Monterra Ridge Apartments residential community in Santa Clarita, Calif., for $62.5 million.

BAG Investments Inc. bought the 16-building property at 28085 Whites Canyon Road.

Gelt said it paid $45.5 million in June 2016 to acquire the property.

Author
Sylvia Cycil
Theme
Real Estate

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Gelt sells Santa Clarita, Calif., residential community for $63M