TruAmerica Divests Ontario MF for $42M

Mountain Summit ontarioMountain Summit Condominiums, a 194-unit garden-style multifamily property in Ontario, CA, traded hands for $42.25 million. The buyer was SoCal-based Advanced Real Estate Services, while the seller was Los Angeles-based TruAmerica Multifamily. Located at 1352 W. 5th St., the property features one, two and three-bedroom units with air conditioning and heating, walk-in closets, balconies, microwaves and …

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