San Diego, CA (June 14, 2021) — CAA Represents Buyer in 1031 Exchange Upleg
CAA Principals, Mike Conger and Brian Jenkins, facilitated the purchase of a North Park Multi-Family Apartment building as part of its comprehensive representation of El-Jo Styles, Inc. The nearly $4.2 million acquisition completes the downleg of its 1031 Exchange and effectively reduces the client’s risk while maintaining cash flow.
Thank you to the San Diego Business Journal for featuring this recent sale. The full article can be found here: https://www.sdbj.com/news/2021/may/31/north-park-apartment-building-sold/
For additional information, you may contact Mike Conger, CAA Principal (DRE Lic. # 01381193), at mike@caacre.com or Brian Jenkins, CAA Principal (DRE Lic. # 01814828), at brian@caacre.com; or Matthew Monterroso (DRE Lic. # 02073919), at matt@caacre.com.
About Commercial Asset Advisors
Commercial Asset Advisors is a San Diego-based commercial real estate brokerage that specializes in serving the unique needs of individual private clients, as well as family offices, corporate, institutional, nonprofit and national organizations. As a full-service CRE firm, our team has assisted property owners from Central San Diego, North County, East County, South County and beyond to maximize the value of their investments including office, retail, industrial, apartment and multi—family, mixed-use projects, ground-up development tenant representation and much more. With experience earned through exceptional hard work, CAA has successfully completed over 1,400 sale and lease transactions totaling over $500 million in consideration. CAA provides unmatched customer service and strategic advice in all areas, asset types, and transaction structures.