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TOP APARTMENT SALES

TOP APARTMENT SALES

Villa Venetia Goes for $74M in Biggest Sale

Largest OC apartment building sales in 2003

VILLA VENETIA

2705-2775 Mesa Verde Drive East

Costa Mesa

$74 million

Buyer: Essex Villa Venetia

Apartments LP

Buyer rep: Moran & Co.

Seller: Vista Del Lago LLC

Seller rep: Moran

ALICANTE AT

ALISO VIEJO

27662-27682 Aliso Creek Road

Aliso Viejo

$66.3 million

Buyer: Alicante Investors (et al.)

Buyer rep: Marcus & Millichap

Real Estate Investment Brokerage Co.

Seller: CF Aliso Creek LLC

Seller rep: Marcus & Millichap

BROOKSIDE VILLAGE

APARTMENTS

13921 Tustin East Drive

Tustin

$66 million

Buyer: Bascom East Tustin

Avenue Apartments LLC

Buyer rep: in-house

Seller: AIMCO Brookside/Tustin LLC

Seller rep: in-house

SEABRIDGE VILLAS

20191-20251 Cape Coral Lane

Huntington Beach

$63.8 million

Buyer: Seabridge Villas LP

Buyer rep: CB Richard Ellis Inc.

Seller: Northwestern Mutual Life

Insurance Co.

Seller rep: CB Richard Ellis

HUNTINGTON VILLAS

16761 Viewpoint Lane

Huntington Beach

$58.2 million

Buyer: Essex Property Trust Inc.

Buyer rep: CB Richard Ellis Inc.

Seller: AvalonBay Communities Inc.

Seller rep: CB Richard Ellis

HARBOR GREENS

APARTMENTS

2700 Peterson Place

Costa Mesa

$49.3 million

Buyer: United Dominion Realty Trust

Buyer rep: none

Seller: Beauchamp Realty Inc.

Seller rep: none

VILLAS AT TUSTIN

2414-2424 North Tustin Ave.

Santa Ana

$48.7 million

Buyer: Tustin 8-B LLC

Buyer rep: Hendricks & Partners Inc.

Seller: Tustin Villas Apartments LLC

Seller rep: Hendricks

CASCADE APARTMENTS

8601 East Whitewater Drive

Anaheim

$47.6 million

Buyer: Knickerbocker Properties Inc.

Buyer rep: in-house

Seller: Cascades at Anaheim Hills

Seller rep: CB Richard Ellis

WINDJAMMER

APARTMENTS

7701 Warner Ave.

Huntington Beach

$33.8 million

Buyer: United Dominion Realty Trust

Buyer rep: none

Seller: Beauchamp Realty Inc.

Seller rep: none

AMBERWAY APARTMENTS

489 S. Chatham Circle

Anaheim

$33.5 million

Buyer: Cadigan Amberway LP

Buyer rep: Greenwood & Son

Seller: AvalonBay Communities Inc.

Seller rep: Hendricks

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