Advanced Real Estate Acquires 104 Units in Santa Ana
Slice of Real Estate Team
12/05/2025
Key highlights
- 104 units added to portfolio in Santa Ana
- Significant renovations planned, including new amenities
- Partnership with R3 Construction for upgrades
- Open to new investor contributions
- $100 million+ fund capital planned
Source: PR Newswire
Notable Quotes
“ Newhope Village fits perfectly with our surrounding properties. We now have over 1,750 units in the city of Santa Ana, creating more efficiencies. ”
Rick Julian, CEO at Advanced Real Estate
“ We were able to acquire this property through a 721 contribution, allowing a tax-deferred transaction for the family who owned it. ”
Paul Julian, President at Advanced Real Estate
Why this matters
This acquisition enhances Advanced Real Estate's portfolio and operational efficiencies, signaling strong growth and commitment to revitalizing communities in Southern California, thus attracting potential investors. This development is particularly significant for the real estate sector.
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