5th on the Park - New York, NY
November 18, 2011
Multi-Housing News – Phoenix Realty Group acquires $29M community in California
…”Portofino on the Park offers quality rental housing in one of the nation’s largest industrial markets,” says Edward Ratinoff, managing director and head of national acquisitions at Phoenix. “It’s an area on the forefront of the economic recovery because new jobs are being created in manufacturing and warehousing.”
The 1976 built community consists of 32 buildings situated on 11 acres. Common amenities include two pools, a spa, fitness center, clubhouse, playground and picnic area.