The Real Deal: Multifamily investor Sares-Regis bets big on Miracle Mile

Article by Matthew Blake for The Real Deal:

The multifamily investment arm of Sares-Regis Group is betting big on a fast-changing corridor of Los Angeles’ Miracle Mile.

The Orange County-based firm paid $86.7 million for a 168-unit apartment complex at Wilshire Boulevard and Masselin Avenue, county records show. A company affiliated with Chicago-based Hart Renaissance Apartments sold the 168,000-square-foot building located at 630 Masselin Avenue...READ FULL ARTICLE HERE