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Reliant Group Buys San Jose Apartment Building for $71M
Deal for two-story Moreland Apartments complex built in 1982 at 4375 Payne Avenue works out to $434K per unit.
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San Jose apartment complex is bought as Bay Area real estate wobbles
A big San Jose apartment complex has been bought for over $70 million in a deal that hints at a waning market for multifamily real estate and a tricky economy for property investors.
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