Quantum Equities has acquired the 410-unit, garden-style apartment community for a purchase price that equates to $185,366 per unit.

The company has purchased Sunrise Village in Fullerton, CA, which is currently anchored by a CVS.

Monday Properties and Neo Capital have purchased the class A, Stamford property, which is currently 95% leased.

Also, with consolidation SFRs will have a bolstered ability to absorb new flows of institutional capital without hurting return.