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| Pat Meaney |
PALM DESERT, CA -- GC Rentals LLC purchased three multi-family properties in Glendale, Pasadena, and Burbank.
The properties consisted of 14 units totaling 14,388 square feet for $6,160,000. The properties were 92% leased at the time of sale.
The three properties were apart of a 1031 exchange.
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| Jordan Meaney |
"Our Investor had sold a larger complex in North Carolina, and was very bullish on the Southern California multi-family housing market," says Canada Pacific Realty Advisors’ Pat Meaney.
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"He decided to invest the proceeds from his 1031 exchange back into Southern California, and specifically the Pasadena, Glendale, Burbank area, as he is a Pasadena native and very familiar with the area."
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| Brendan Meaney |
The firm's Brendan Meaney states, "Canada Pacific Realty Advisors is a full-service real estate brokerage and advisory firm specializing in 1031 exchanges and Investment real estate."
“Our extensive experience lends trusted expertise and insight to opportunities, investments, and property portfolio management," adds Jordan Meaney.
"We’re dedicated to finding the right opportunities and eager to use our expertise to your advantage.”
CONTACT:
Jordan Meaney
Canada Pacific Realty Advisors
CP Realty Advisors, Inc.
42215 Washington St. Suite A373
Palm Desert, CA 92211
760-585-9680 (Main)
760-641-6758 (Cell)
CA License #02033601
OFFICES IN PALM DESERT AND LOS ANGELES
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