Pacific Urban Residential Buys 314-Unit Multifamily Community in Vista, California

by Amy Works

VISTA, CALIF. — Pacific Urban Residential has acquired Monarch at Shadowridge, an institutional-quality residential community in Vista, for an undisclosed price.

Built in 2005, Monarch at Shadowridge features 314 apartments spread across 29 buildings, a clubhouse and a saltwater pool on more than 21 acres. On-site amenities include a 19-seat movie theatre, outdoor barbecue areas, private cabanas, a community kitchen and dining room, coffee lounge, game room, fitness center and yoga room.

Darcy Miramontes, Kip Malo, David Young, Jeff Price and John Cunningham of JLL represented the undisclosed seller in the deal.

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