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CBRE Brokers $77.5M Sale of Apartment Community in Oceanside, California

Summary by REBusinessOnline
OCEANSIDE, CALIF. — CBRE has brokered the $77.5 million sale of Sunterra, an apartment community located just north of Carlsbad in Southern California. An undisclosed buyer acquired the asset from 29th Street Capital. Rachel Parsons, Derrek Ostrzyzek, Mike Murphy and Kenji Thomas of CBRE represented the seller, while James Flinn and Justin Fitchett of CBRE Debt and Structured Finance provided debt and finance support for the transaction. Situate…
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REBusinessOnline broke the news on Wednesday, July 15, 2026.
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