Los Angeles Pension Fund Doubles the Value on the Sale of Apartment in Renton

By Jon Peterson The Los Angeles County Employees Retirement Association has sold the 288-unit Pebble Cove Apartments in Renton for $49.5 million, or $171,875 per unit, according to an e-mail received from the pension fund. The investor had owned the property since 2000 when it paid $22.7 million for the property. “The sale of this […]