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Eagle Buys Back Crystal View for Affordability | Real Estate News
Eagle Real Estate Partners, in a bold move with Vistria Group, just snapped up Crystal View Apartments in Garden Grove for $132.5 million — nearly doubling their original 2005 purchase from BlackRock. The deal secures 402 units in a notoriously tight housing market, with 20% locked at affordable rates for households earning up to 50% of area median income, and another 30% targeted at 80% AMI. It’s their third affordability-focused acquisition in Southern California this year, expanding their footprint across Orange, LA, and San Diego counties. Upgrades are planned, and this isn’t just about…
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