NorthMarq arranges sale of 117-unit Valley Country Club in El Centro, California

Valley Country Club

Investment Sales - Multifamily

Multi-Tenant

SAN DIEGO, CALIFORNIA (April 24, 2019) – Kyle Pinkalla, managing director of NorthMarq’s San Diego office collaborated with Shane Shafer, managing director of NorthMarq’s Orange County office in working together to arrange the sale of Valley Country Club, a 117-unit multifamily property located in El Centro, California. NorthMarq arranged the sale for the buyer, Positive Investments.

“This is the second multifamily purchase Positive Investments has recently made in El Centro. The market has proven its stability and investors are attracted to the yield they can find here,” said Pinkalla.

Valley Country Club is a 117 unit apartment complex in El Centro, California. The property has a great mix of one bedroom/one bath and two bedroom / one bath units and was built in 1979. El Centro is the largest city in the Imperial Valley and home to El Centro Naval Air Facility.

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About Northmarq

Northmarq is one of the largest privately held commercial real estate firms in the United States, combining a nationwide presence with deep local expertise. With more than 50 offices across the country, we provide a full suite of debt, equity, investment sales, loan servicing and fund management solutions for a comprehensive range of property types. Our unique structure allows us to connect clients with the best opportunities, yet be nimble enough to ensure access to every expert across our company. The firm manages a loan servicing portfolio of over $78 billion and has completed $69.5 billion in transactions over the past three years. At Northmarq, collaboration fuels results, helping clients achieve success in every market, nationwide. For more information, visit www.northmarq.com.