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  • Shopoff Sells Brookside Mobile Home Park for $73M

    The company has traded the 45-acre manufactured housing community in El Monte, Calif. as an off-market transaction.

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    The acquisition of the 400-unit, value-add multifamily community was on behalf of IEC Institutional Fund III LP, a fully discretionary, $200 million commingled fund.

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    Tuscany Villas Apartments in Brandon, Fla., will be rebranded as Alvista Sterling Palms. The company has plans to make significant exterior and interior upgrades to the property.

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