A Los Angeles group that describes itself as an “alternative investment company” has purchased multifamily property located on the northern edge of downtown Des Moines, Polk County real estate records show.
Pacific Oak Capital Advisors, through a fund it manages, paid Hubbell Realty Co. $24.8 million for properties at 915 Ninth St. and 922 and 927 Eighth St. in Des Moines.
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