Lancaster Pollard closes affordable housing property sale

Share this content:

Lancaster Pollard recently closed the $27.5 million sale of Northgate Terrace in California to WNC.

Northgate Terrace is an 11-story Section 202 affordable seniors housing property with 180 efficiency units and 20 one-bedroom units. WNC, a real estate investor, said it will perform a complete renovation of the existing property at a total cost of $47 million, including the acquisition and renovation, the firm said.


Next Article in Companies

In Focus

July 18

A truckload of charity

Gainesville, FL 

The Village at Gainesville recently donated a truckload of used appliances from its residences to the Bread of the Mighty Food Bank.

Subscribe for free!

Never Miss out

Get top stories sent to your inbox