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CARSON AND LOMITA, CALIF. — Matthews Real Estate Investment Services has arranged the sale of a 17-property multifamily portfolio in Southern California. The portfolio was sold in two parts with 15 assets, totaling 185 units, sold in a private transaction. A two-property portfolio, totaling 55 units located at 21818 Figueroa Street in Carson, Calif., and 25829 Viana Ave. in Lomita, Calif., was acquired separately.
El Segundo, Calif.-based NextGen Apartments acquired the properties from a private seller for $108 million. David Harrington and Michael Astorian of Matthews Real Estate Investment Services brokered the sale.