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MLG Capital Buys Bolingbrook Apartments for $73M
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MODESTO, Calif., April 7, 2021 /PRNewswire/ Graceada Partners and Osso Capital are pleased to announce the acquisition of The Edge at Lakewood on 1401 Lakewood Ave in Modesto, California. The 196-unit apartment community is located a few miles outside of downtown Modesto and within walking distance of Lakewood Elementary School.
The Edge at Lakewood We continue to see great potential in the Northern California region and a great deal of upside in multi-family assets here. And we re excited to be working alongside a trusted partner like Osso Capital on this deal, said Joe Muratore, CCIM, Principal with Graceada Partners. As a Modesto-based firm, this property has been on our radar, and we thought this was an ideal acquisition given our knowledge of the market and ability to add value.