A strong industrial market in San Bernardino is spurring a multifamily boom

Investment firm FPA Multifamily has unloaded a 197-unit apartment community in San Bernardino, in an area that has benefited from the continued strong performance of the industrial market. New York-based Dalan Management paid $37.4 million for the property, located at 1660 W. Kendall Drive. The Vue Apartment Homes have floor plans that range from 800 square feet to 1,030 square feet. Built in 1988, the property is near California State University features a pool, a … Continue reading A strong industrial market in San Bernardino is spurring a multifamily boom[more]