Rafi Toledano's Sorrento Property Group Sells Two Albuquerque Apartment Communities for $10 Million
Sale of the 98-unit Playa Del Sol and Pine Park portfolio supports the firm's focus on larger garden-style apartment communities Sorrento Property Group, led by founder and CEO Rafi Toledano, has completed the sale of two Albuquerque apartment communities, Playa Del Sol and Pine Park Apartments, for a combined $10 million. The sale supports Sorrento's strategy to focus on larger garden-style apartment communities. The portfolio, which includes 58 and 40 units, traded at a blended price of approximately $102,000 per unit. The firm's CEO, Tolediano, noted that size does not determine acquisition and that larger communities allow maintenance, management and resident services to be organized more efficiently and improve buildings, common areas, and amenities. The purchase reflects Sorrente Property Group's clear investment conviction and close engagement through execution.
Opublikowany : 9 godzin temu za pomocą Michael P. w Business
Sale of the 98-unit Playa Del Sol and Pine Park portfolio supports the firm's focus on larger garden-style apartment communities
NEW YORK, NY, UNITED STATES, October 26, 2026 / EINPresswire.com / -- ... [2997 symbols]