CORFAC News

Stockton, CA – TRI Commercial/CORFAC International Managing Regional Director Ed Benoit, CCIM, announced today that his firm has facilitated the sale of two Stockton apartment communities for a combined total of $15.9 million.

TRI’s Brian Purcell, a Multifamily Investment Specialist based in the firm’s Roseville office, represented the seller, Kuchich LP in the disposition of Cypress Apartments located at 1011 Rosemarie Lane and Ashley Park Apartments located at 6232 N. Pershing Avenue, both in Stockton, CA. Stockton is approximately 50 miles south of Sacramento and just off of Interstate 5.

The buyer of both multifamily communities was Patmon Sorrento LP.