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Escondido apartments change hands for $90M

TruAmerica Multifamily, a Los Angeles-based investment firm, has bought 519-unit Eagles Point apartments in Escondido for $90 million with plans to upgrade the property. The 1985 complex at 1501 E. Grand Ave. includes studios, one- and two bedroom units , two pools and spas and tennis courts. The current rents …

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