Real Estate Partners Purchases 250-Unit Apartment Community, The Arbors at Warner Center, in Woodland Hills for $50

Real Estate Partners Purchases 250-Unit Apartment Community, The Arbors at Warner Center, in Woodland Hills for $50

[Press Release] Business Wire via Yahoo! Finance - 2 hours, 6 minutes agoIRVINE, Calif.----May 19, 2006--Real Estate Partners Inc., a national real estate investment and management services company specializing in the acquisition, repositioning, management and disposition of high-growth properties, announced today the purchase of a 250-unit apartment community in Woodland Hills, Calif., from Gateway Arbors LLC for approximately $50 million.