Orange County investor buys apartments

Hendricks & Partners' Newport Beach office handles sale

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Hendricks & Partners is pleased to announce the sale of Strada, a 130-unit apartment community in Orange, Calif.  The value of the transaction was $19 million. The property is located at 175 North Feldner Road. Newport Beach, Calif.-based CT Realty sold the property to Newport Beach-based Rudy A. Mariman. Hendricks & Partners is a national advisory firm focused exclusively on the sale of multifamily properties. *** What's your opinion? Send your Letter to the Editor to newsroom@inman.com....