Raintree Partners has picked up an apartment complex in Ventura County for $100 million. The Dana Point-based real estate investment company bought Cypress Point, a 268-unit multifamily property in Ventura, from County Center in a deal that works out to about $373,130 per unit, L.A. Business First reported. County Center developed the property in 1990 and has owned it in the three and a half decades since then. The property consists of 28 two-story buildings spread across 14 acres. Amenities include a fitness center, clubhouse, swimming pool, two spas and a barbecue and picnic area. Cypress Point is one of […]
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