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A Los Angeles-based real estate firm that has spent the last 15 years focused on residential projects is reentering the retail sector with the purchase of what is said to be an extremely healthy shopping center in Mira Mesa.
Decron Properties has sold Ranch at Moorpark, a 376-unit multifamily community in Moorpark. (courtesy photo) The Ranch at Moorpark, a 376-unit multifamily community in Moorpark, has been sold for $133.2 million, according to an April 11 report. Decron Properties, one of the largest privately owned real estate firms in California, sold the property AEW Capital
The Los Angeles-based company sold a 376-unit multifamily community in Ventura County
A look at the top deals and leases in Q4 along with market stats.
FPA Multifamily acquired the 34-story, dubbed 888 at Grand Hope Park, from prominent developer CIM Group for $186 million.