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Acquisition of The Enclave at Adobe Creek in Petaluma, CA.


Acquired the Enclave at Adobe Creek on February 12, 2011. The property is a Class B, 492-unit multifamily property located in Petaluma, California, approximately 30 miles north of San Francisco in a market with high barriers to entry. The asset, currently 97% leased, is positioned as the only large, high-quality, well-amenitized Class-B community in the Petaluma Market.


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