SAN DIEGO-Raintree Partners of Laguna Niguel has acquired a two-property apartment portfolio totaling 260 units for $65 million in a transaction that increases the Orange County-based company’s San Diego County holdings to $130 million. Raintree has now grown to nine multifamily properties in the past 18 months.

According to Jeff Allen, CEO of Raintree Partners, the multifamily properties in the cities of Carlsbad and Rancho Pe

NOT FOR REPRINT

© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more inforrmation visit Asset & Logo Licensing.