INSIDE THE DEAL: Berkshire Property Advisors Purchases Newly Completed Apartment Property for $47.5M

By Keat Foong, Executive Editor Costa Mesa, Calif.—What is the solution when developers find out that a new construction can qualify for only a lower takeout loan due to the declining market? They can sell interests to more partners. That is the solution chosen for Glo, a 201-unit, mixed-use apartment