The property asset involved in the transaction is La Cresta Apartments located at 24661 La Cresta Drive in the Dana Point market. This multifamily asset consists of 18 units and has a total square footage of 16,100. The sale price was $9,250,000, resulting in a price per unit of $513,888 and a price per square foot of $574.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $9,250,000
• Buyer: David Tarquin & Aaron Case - ORKA Holdings; Skeffington Group
• Seller: Paul Ozzimo - Ozzimo Family
• Buyer's Representative: Pat Swanson & Michael Bouras - Stream Realty Partners
• Seller's Representative: Woody Stahl - Lyon Stahl Investment Real Estate
• Units: 18
• Square Feet: 16,100
• Price Per Unit: $513,888
• Price Per Square Foot: $574

David Tarquin and Aaron Case, representing ORKA Holdings, have made a strategic move into the Orange County market by acquiring La Cresta Apartments, marking their first investment in Dana Point. The firm aims to secure high-potential multifamily assets in premier coastal corridors, leveraging the property's proximity to the $600M Dana Point Harbor revitalization project.