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Tailwind Investment and The Roxborough acquire asset in Inland Empire market
Transactions - OCTOBER 13, 2021

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Tailwind Investment and The Roxborough acquire asset in Inland Empire market

by Released

Tailwind Investment Group, a Newport Beach, Calif.–based, privately held commercial real estate investment management company focused on value-add and core-plus multifamily investments in the Western United States, and The Roxborough Group have acquired The Vue, a 197-unit multifamily property in San Bernardino, Calif., directly adjacent to California State University, San Bernardino.

The joint venture purchased the asset from a New York–based investor for $53.6 million and plans to invest a further $3 million in capital improvements to implement an interior-unit renovation program and upgrade the property’s exterior and common areas.

“The Vue presents a strong opportunity in today’s market to execute a value-add business plan on the majority of the property’s units, which have yet to be renovated and do so in a high-growth market where we continue to see strong fundamentals as they relate to population and employment growth,” sa

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