ASB Real Estate Investments And Western National Group Acquire Multifamily Property In Rancho Cucamonga For $227M

Detailed records show that a multifamily property located at 9200 Milliken Ave in Rancho Cucamonga has been sold. The transaction took place on September 2, 2021, with ASB Real Estate Investments, represented by Robert Bellinger, and Western National Group, represented by Michael Hayde, acquiring the property. The seller in this deal was Mesirow Financial.

Summary of transaction details

• Property Type: Multifamily
• Sale Price: $227,000,000
• Address: 9200 Milliken Ave
• Market: Rancho Cucamonga
• Units: 521
• Price per Unit: $435,700

The transaction involved a total of 521 units, with each unit having a price per unit of $435,700. ASB Real Estate Investments, represented by Robert Bellinger, teamed up with Western National Group, represented by Michael Hayde, as the buyers. Mesirow Financial served as the seller of the property. The successful sale was completed for a total amount of $227,000,000.