Flatrock Square - Englewood, NJ
January 12, 2012
Multifamily Executive – PRG Buys $36.4-Million Canyon Creek Apartments in Riverside, Calif.
…According to PRG managing director Alex Saunders, Canyon Creek is a unique property in the area due to its large units, full package of amenities and mature landscaping. “The $3-million renovation plan has already begun with upgrades to the common areas and new appliances, finishes and flooring in the apartments,” Saunders said. He added that Canyon Creek is attracting tenants employed by five nearby hospitals, the University of California Riverside, two community colleges, March Air Force Base and several retail centers. “It has the potential to be one of the finest rental communities in Riverside,” said Saunders…