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TORRANCE, CALIF.— RCMI has acquired Palermo Apartments, a 130-unit apartment community located at 4315 W. 182nd St. in Torrance. Fairfield Residential sold the property for $25.1 million or $193,077 per unit. The 91,116-square-foot community consists of one three-story building offering a mix of studio, one-, two- and three-bedroom units. Community amenities include a swimming pool, a spa, a barbecue area, 24-hour on-site laundry facilities and subterranean parking. Gregory Harris and Ronald Harris of Marcus & Millichap represented both parties in the transaction.