California Investors Scoop Up Skyline Towers Apartments

Source:  Business Journals

A group of California investors has purchased and plans to revitalize an apartment complex in Northeast Albuquerque. The 63-unit Skyline Towers, located near Tramway Boulevard and Interstate 40, is being completely renovated. Mark Ross of Orange County-based Granite Investment Group declined to disclose the purchase amount, but said the purchase and renovation is a multimillion-dollar venture. Ross said he and his partners are in the process of doing similar projects around the city and ...

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