The Mogharebi Group (TMG), a Costa Mesa, CA-based real estate investment and advisory firm, recently brokered the sale of Birch Commons – a 49-unit multifamily community in Fresno, CA. Representing the seller – a Central Valley builder – Robin Kane, Brendan Kane and Gordon Larkin achieved an impressive $14.75 million transaction with the buyer being represented by Visintainer Group on behalf of their family office.
Robin Kane commented: “Birch Commons is an institutional quality asset located in Woodward Park neighborhood – one of Fresno’s most sought after areas – making it possible to achieve one of the market’s highest prices per door at more than $300K.” The townhome style complex offers 1-, 2- and 3 bedroom residences ranging from 950 to 1,700 square feet with amenities such as swimming pool & clubhouse plus fitness center all within close proximity to Cal State University Fresno.
