Multihousing Professional: Close to home
Local players dominated the buying arena in 2009, a trend that likely will continue this year. After bidding on more than 50 properties, Raintree Partners of Laguna Niguel, CA closed on a couple of assets in the Golden State last year – the 204-unit Trellis Square in Sunnyvale in the second quarter and the 168-unit Mountain View in San Dimas in the fourth.