3901 Dawes St.
Photo courtesy of NorthMarq

3901 Dawes St. Photo courtesy of NorthMarq

 A San Diego commercial real estate brokerage has arranged the sale and financing of a $23 million Riverside apartment complex.
NorthMarq Managing Director Kyle Pinkalla and Associate Vice President Erik Anderson represented the seller, 3901 Dawes St. Riverside, LLC in the sale of the 62-apartment LuxLiv @ Tyler apartments at 3901 Dawes St.
The buyer was not disclosed.
The loan was arranged by NorthMarq Vice President Wyatt Campbell and Eric Flyckt, managing director and senior vice president of NorthMarq.
“This transaction exemplifies the strength of the Inland Empire market and will support the new owner’s repositioning strategy to allow for the property to compete for some of the highest rents in the area,” Pinkalla said.