Warmington has closed escrow on the 160-unit Ascent apartment community in Cottonwood Heights, Utah (Salt Lake City MSA), representing the third acquisition in our growing Utah portfolio. Equity to close was raised through our expanding Friends & Family group of investors.
We are happy to announce that new building signage completes the renovation of Warmington’s Costa Mesa office building. Over the past few years, both the interior, including a 32,000-gallon koi pond in the atrium lobby, and exterior have been refreshed.
Warmington has closed escrow on the 100-unit Cadence apartment community in Roy, Utah (Ogden MSA) which is the second acquisition of our growing Utah portfolio. Equity to close was raised through our expanding Friends and Family group of investors.
Warmington Residential is seeking land and in its efforts to identify every possible opportunity and acquire new deals in broad geographic locations, the Costa Mesa, California based home builder and land developer has grown its Southern California Division land team.