Luxury apartments sold in San Diego

Future-Proof: Navigate Threats, Seize Opportunities at ICNY 2018 | Jan 22-26 at the Marriott Marquis, Times Square, New York

Hendricks & Partners brokered the sale of Laurel Bay, a 150-unit luxury apartment community in San Diego, Calif. The value of the transaction was $56.6 million. Simpson Laurel Bay LP sold the property, located at 2400 5th Ave., to Hammer Ventures. 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....