IRA Capital, LLC

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IRA Capital Sells SoCal Retail Center for $66M

The owners of a 157,322-square-foot shopping center in Ventura, Calif., have unloaded the property for $66 million. Newmark announced that private equity firm IRA Capital sold Poinsettia Plaza, but did not disclose the name of the buyer. However, a source familiar with the deal told Commercial Observer that Aribo Corporation acquired the retail property in a...

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