National realty group acquires Holland apartment complex for $24.5M

Citing Holland’s appeal as one of the nation’s top places to retire, the lure of the big lake, and the prosperous economic climate, a national realty group has purchased ClearView Apartments, a class “A” apartment home community. This is the second multi-family purchase for the company this year.

RADNOR, Pa.--(BUSINESS WIRE)--DeSanto Realty Group, one of the nation's leading sponsors of Tenant-in-Common (TIC) transactions, today announced that it has closed on the $24.5 million purchase of ClearView Apartment Complex, a Class "A" apartment home community, located in Holland, Michigan, an upscale suburb located near Lake Michigan and the city of Grand Rapids, Michigan.

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