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RedHill Teams Up with Crow Holdings on MF Buy
RedHill Realty Investors, in its first joint venture partnership with an affiliate of Crow Holdings Capital, acquired The Crossing Apartments, a 312-unit mid-rise multifamily property located in Anaheim, CA for an undisclosed amount. The six-story commercial real estate asset, located in the Anaheim Canyon submarket, is walking distance to the Anaheim Canyon MetroLink Station and the Kaiser Permanente Hospital.
The property transaction was a direct acquisition from an unnamed New York-based institutional investor, and supported by HFF’s brokerage and debt teams with debt financing provided by MetLife.
RedHill’s William Ballard says, “We are excited to own and enhance this community to better meet the needs and desires of its affluent tenant base. The property has tremendous potential — RedHill intends to reposition it and elevate it to a core quality investment.”
For comments, questions or concerns, please contact Dennis Kaiser
- ◦Sale/Acquisition




