Project Details

 
 

138 unit broken condo development

Built in 2006 to a very high quality condo specification

Mayer & Clifton Partners advised and represented the purchaser, a multi-billion dollar real estate finance and investment management fund, in acquiring this project from a consortium of lenders

Advised and collaborated with local investment partner to provided institutional buyer on-the-ground market knowledge

Property was acquired at a steep discount and immediately repositioned as a high-end luxury rental community with professional management

Relationship with professional management company was introduced by our firm.  They are a best in class national management company with a dominant presence in the region and on the West Coast as a whole

The Phoenician Apartments