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…Built in 1976, the garden-style apartments offer residents two pools, a spa, fitness centre, clubhouse, playground and picnic areas that will be upgraded as part of a USD2.8-million improvement package over the next two years, according to Edward Ratinoff, PRG […]

…”Portofino on the Park offers quality rental housing in one of the nation’s largest industrial markets,” says Edward Ratinoff, managing director and head of national acquisitions at Phoenix. “It’s an area on the forefront of the economic recovery because new […]

…The high rate of residential foreclosures in the Inland Empire is one factor that makes apartment investment attractive in the region, according to managing director Edward Ratinoff. The region remains flooded with homes built prior to the 2007 credit freeze, in addition […]

Located in Upland, Calif. near schools and parks, the 32-building community offers rents affordable to area workforce LOS ANGELES – Phoenix Realty Group (PRG) has acquired the $29-million Portofino on the Park Apartments in Upland, Calif., a 235-unit apartment community […]

… Phoenix Realty Group has acquired the 255-unit Portofino on the Park complex in this city for $29 million. The purchase enlarges the multifamily holdings of the Los Angeles-based investor, which currently owns about 2,500 apartments in the Inland Empire… …The […]

… Phoenix Realty Group has paid $29 million, or $123,400/unit, for the 235-unit Portofino on the Park apartment complex in Upland, Calif., which is east of Los Angeles in San Bernardino County. The New York investment manager plans to spend […]

Located in Upland, Calif. near schools and parks, the 32-building community offers rents affordable to area workforce LOS ANGELES – Phoenix Realty Group (PRG) has acquired the $29-million Portofino on the Park Apartments in Upland, Calif., a 235-unit apartment community […]