Melnick Real Estate Advisors (“MREA”) is pleased to announce the sale of three LIHTC communities totaling $137 million. The 591-unit California portfolio consisted of properties in Anaheim, Los Angeles and Greater Sacramento. MREA exclusively marketed the properties, with the assistance of Joe Leon of Voit Realty, and the transactions are the result of strong demand from Buyers on both an individual and portfolio basis.
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