Abacus gains apartments near San Francisco

Abacus Capital Group LLC recently purchased a 200-unit luxury apartment property in Fairfield, Calif., for $33.5 million.

The property, Park Crossing Apartments, was sold by developer A.G. Spanos. It was constructed less than two years ago, according to a press statement.

The purchase comes on the heels of two other acquisitions -- a 288-unit property located in North Fort Worth and a 232-unit property in the Albany, N.Y., market.

New York City-based Abacus Capital Group LLC has a national real estate portfolio comprising 23,000 apartments.

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