PORTLAND, ORE. — Guardian Management LLC has signed preliminary agreements to acquire the real estate portfolio of Orange County, Calif.-based Atherton-Newport Investments, which filed for Chapter 11 bankruptcy protection in January 2008. The assets include more than 4,000 apartment units located in Las Vegas, Phoenix, Seattle and Miami. Guardian plans to acquire the assets through the implementation of its first strategic investment fund, which was utilized to acquire the Southern California and Arizona offices of Sperry Van Ness. Pacific Northwest-based Avalon Holdings initiated and structured the transaction.

Content Partners
‣ Arbor Realty Trust
‣ Bohler
‣ Lee & Associates
‣ Lument
‣ NAI Global
‣ Northmarq
‣ Pavlov Media
‣ Walker & Dunlop

Subscribe to the newsletter

Webinars on Demand

Read the Digital Editions

Northeast Multifamily & Affordable Housing Business

Midwest Multifamily & Affordable Housing Business

Western Multifamily & Affordable Housing Business

Texas Multifamily & Affordable Housing Business

Southeast Multifamily & Affordable Housing Business

Heartland Real Estate Business

Northeast Real Estate Business

Southeast Real Estate Business

Texas Real Estate Business

Western Real Estate Business

Shopping Center Business

California Centers

Student Housing Business

Seniors Housing Business

Featured Properties