Western National Group (WNG) announced the acquisition of Vista Imperio, a 158-unit garden-style multifamily community built in 2005 located in Riverside, Calif. Vista Imperio was acquired in a joint venture partnership with Sagard Real Estate, ArrowMark Partners and WNG. The transaction was completed by Sagard Real Estate’s newest open-end fund in conjunction with ArrowMark Partners and WNG’s programmatic co-GP venture.
Located in the Riverside enclave of Sycamore Canyon, Vista Imperio provides residents with access to top-rated schools, wilderness recreational parks and quality retail. Vista Imperio is within a quarter mile of more than 12 million square feet of class A industrial buildings; two miles from the University of California, Riverside; and situated between Interstate 215, State Road 91 and SR 60, allowing access to the Inland Empire’s major employers offering jobs in healthcare, education, financial services and manufacturing.
“Acquiring Vista Impe
