San Diego Business Journal

San Diego Company Buys Vista Apartments for $44.3 Million

Wednesday, December 14, 2011

R&V Management Corp. of San Diego bought the 240-unit Woodbend Shadowridge apartment complex in Vista for $44.3 million, CoStar Group reported Dec. 9. The seller was Chicago-based LaSalle Investment Management Inc.

The complex, at 1500 Shadowridge Drive, was built in 1988 and renovated in 2010.

The complex was 96 percent occupied at the time of the sale, CoStar reported. Brokerage firm Cushman & Wakefield represented the seller.

— Lou Hirsh