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Pacific Shores Pacific Shores fits TruAmerica’s investment profile, which focuses on well-located class-B multifamily assets that can benefit from strategic renovation.

HUNTINGTON BEACH, CA—TruAmerica Multifamily has acquired Pacific Shores, a 264-unit multifamily asset here, for $90.5 million from UDR Inc. The buyer is planning a multi-million-dollar capital-improvement plan for the property, keeping rents affordable for working families.

Carrie Rossenfeld

Carrie Rossenfeld is a reporter for the San Diego and Orange County markets on GlobeSt.com and a contributor to Real Estate Forum. She was a trade-magazine and newsletter editor in New York City before moving to Southern California to become a freelance writer and editor for magazines, books and websites. Rossenfeld has written extensively on topics including commercial real estate, running a medical practice, intellectual-property licensing and giftware. She has edited books about profiting from real estate and has ghostwritten a book about starting a home-based business.

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