Crescent Heights is repositioning Orange County’s tallest residential complex as a condominium. The Miami-based firm bought 9 MacArthur Place, an apartment complex in Santa Ana, for $240 million in April and is marketing units for sale, the Orange County Business Journal reported. Units at the development are no longer being listed online as available for rent. The complex, renamed Skyline OC, consists of two 25-story buildings with 350 units. Crescent Heights’ purchase for $685,000 per unit from San Mateo-based Essex Property Trust was the most-expensive local multifamily trade of the past year, the outlet said. The units for sale include […]
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