Newport Beach apartment complex to expand at a cost of $800K per unit

by TRD Staff

The owners of a Newport Beach apartment complex by the Back Bay want to expand it by 366 units — at $800,000 a pop. Dallas-based Park Newport LP has filed plans to expand its Park Newport Apartments at 1 Park Newport, the Orange County Business Journal reported. The 1,306-unit complex on 52 acres would expand […]This article originally appeared on The Real Deal. Click here to read the full story.

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