Advanced Real Estate Buys Costa Mesa Apartments for $234M

Advanced Real Estate has paid $234 million to acquire a 714-unit apartment complex in Costa Mesa. For context, this single transaction eclipsed the money involved in all multifamily deals in Orange County between January and August 2023, according to a report from Yardi Matrix. The sale was announced Dec. 28. Irvine-headquartered Advanced bought the complex, […]