Interstate Equities Corp. has paid $39.75 million, or $334,033/unit, for Ocean Villas, a 119-unit apartment property in Oxnard, Calif. The Los Altos, Calif., investment and management firm purchased the property from Montgomery Partners of Mill Valley, Calif., in a deal brokered by Marcus & Millichap's Institutional Property Advisors unit. Interstate Equities acquired the property through […]

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