NATIONAL CITY, CA—Extensive capital investment is taking place to make senior-apartment communities more livable and enjoyable for residents, but the cost must be reflected in higher rents, putting a burden on many residents, SVN‘s Peter Valleau tells Valleau and Roberto Candel of SVN recently represented buyer Southern Highland Partners in acquiring Southern Highlands, a 151-unit senior-apartment complex at 2525 Highland Ave. here, from seller M&L Financial for $14.9 million. The seller was represented by David Cameron and Joe Ramos of South Coast Commercial. We spoke exclusively with Valleau about the National City senior-housing market and what investors are looking for in this sector. How would you characterize the senior-housing market in National City as compared to other parts of San Diego?

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