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Lancaster Property Sold

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By staff-author
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CalHFA-Sunrise Lancaster, a 152-unit apartment community in the Antelope Valley, was sold for $14.5 million. The buyer was L.A. Darts Properties LLC. The complex is part of a six-property portfolio that California Housing Financing Agency has owned as a result of foreclosures in the mid-1990s. Four of the properties in the portfolio have already sold, and the remaining two properties are set to close escrow early next year. Robin D. Ossenbeck and Karoline Sauls, both of Hendricks & Partners, negotiated the deal.

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