Regal Properties Sells 2 Triplexes

Regal Properties just closed escrow on the sale of 2 residential triplexes it had listed for sale in the trendy North Park community of San Diego, California, on Utah Street and Howard Avenue.  The first property sold as an owner-user/investment rental with new financing.  The second could not be financed by conventional means, due to deferred maintenance, but Regal Properties procured a cash buyer with substantial development and rehabilitation experience.  As part of our commitment for “Investing in People & Property,” Regal Properties is donating a total of 10% of its fees and commissions on these transactions to nonprofit organizations such as Omo Child Foundation (http://omochild.org/), Hogar Infantil (http://www.hogarinfantil.org/), and the Alpha Project (http://www.alphaproject.org/).