Real estate briefly: Berkadia buys Tustin complex for $11.4M

Berkadia had brokered the sale of The Village at Old Town at 380 and 436 East 2nd Street in Tustin for $11.4 million. Senior director Peter Hauser and associate director Matt Hauser of Berkadia’s Irvine office negotiated the transaction on behalf of both the seller and buyer. The seller was Village Apartments, a partnership formed by Arrimus Capital of Newport Beach, and the buyer was Cameron Properties Inc. of Covina. The property was fully occupied at the time of the sale. (Courtesy of B