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TUSTIN, CA-Meta Housing Corp. of Los Angeles has acquired nine acres and an existing 24-unit unoccupied residential building on a site that was originally approved for 240 senior condos in a project called Coventry Court that the Los Angeles-based company will now develop as apartments for seniors. Shaun Bradley, director of acquisitions for Meta Housing, tells GlobeSt.com that the company bought the property on an all-cash basis from Tustin Coventry LLC in a direct deal between buyer and seller.

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