Urban Partners, LLC, AREA Property Partners and Galaxy Holdings acquired the value-add REO from Macquarie Bank in November 2012. This represents the second acquisition from Macquarie Bank in 2012 by Urban Partners and AREA Property Partners.
Vivere Apartments was originally designed as a condominium project, but due to market constraints no units were ever sold and the building had been vacant since 2010. Urban Partners, AREA Property Partners and Galaxy Holdings engaged Riverstone Property Management to begin lease-up in early December 2012. The property offers luxury units with high quality finishes, state-of-the-art amenities and is walking distance to the Amtrak/Metrolink stop in Anaheim. The property is located within the City of Anaheim’s “Platinum Triangle” a master-planned business, residential and entertainment district.
Please visit the Vivere website at: