Luxora Infrastructure

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    Marcus and Millichap brokered the sale of Villa Hermosa Apartments in Norwalk, Calif. The sale marks the largest non-institutional multifamily transaction in the suburban city.

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    The nine-property portfolio includes communities located in Indianapolis, Memphis, Tenn., Oklahoma City and Cincinnati, totaling 1,803 units. Milhaus developed, constructed and managed the majority of the portfolio.

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  • Enterprise Community Investment Combines With CPDC

    The deal represents an opportunity for the companies to improve access to affordable housing at a time when prices are rising and credits are limited.

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    By D.C. Stribling A single month’s data does not a trend make, but two reports on Wednesday by the Bureau of Labor Statistics evoked the specter of higher inflation, something that hasn’t vexed the U.S. economy much since the early 1980s. Should inflation pick up while wages stay stagnant or worse,

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