Olive Ridge - Pomona, CA
October 25, 2013
Long Beach Register – Old is In
…”As we saw this property, it had to be reimagined, it has to be changed,” said Michael Fried, owner of Phoenix Realty Group. Phoenix used an equity fund to purchase the property for $35 million from real estate investment trust, which was unloading it in a year-end sale for tax purposes, Fried said…
This is an excerpt of the article, “Old is In”, which appeared in the Long Beach Register on October 25, 2013.