Flatrock Square - Englewood, NJ

Flatrock Square - Englewood, NJ


Trio - Palisades Park, NJ

December 05, 2011

Los Angeles Business – Phoenix Realty pays $65 million for two Inland Empire complexes

Phoenix Realty Group has bought two apartment complexes in the Inland Empire for $65 million, as part of a recent string of purchases in Southern California that reflect the company’s optimism for the region’s rental market.

“We continue to be bullish on the Inland Empire’s Riverside and San Bernardino counties due to their close proximity to employment centers in higher-priced Los Angeles and Orange counties,” Edward Ratinoff, Phoenix managing director and head of national acquisitions, said in a statement.