2022-01-05

Upland, California

Virtú Investments Acquires The Upland in Inland Empire, California

Virtú Investments has closed on its purchase of The Upland apartments, formerly ALTA Upland, in Inland Empire, California.

Upland Apartments is a 203-unit multifamily complex located at 1162 East 19th Street. Completed in 2021, the property is situated in two four-story buildings with a mix one-, two-, and three-bedroom floor plans. ALTA Upland is the only property of scale in the Inland Empire to offer subterranean parking onsite for residents.

Upland residences feature panoramic mountain and valley views throughout the property. Custom interior finishes include tile backsplashes with quartz countertops, high end fixtures and appliances, large closets and in-unit washer and dryer.

Community amenities at Upland Apartments include a state-of-the-art fitness center with spin and yoga studios, business center with workstations, and extensive outdoor area with pool, spa, fire pit, grilling and game areas. The property is adjacent to 56 acres of preserved open space with hiking and running trails.

Upland Apartments sits within walking distance of the Colonies Crossroads outdoor lifestyle center, with over 1 million square feet of retail and amenities. The property also benefits from proximity to several world-class healthcare employment centers and higher education campuses and is immediately accessible to the freeway with close proximity to the Metrolink commuter rail system.

About Virtú Investments

Virtú Investments, headquartered in Larkspur, CA, is a multifamily real estate investment firm primarily engaged in the acquisition and management of apartment properties in the western United States. Since its founding in 1997, Virtú has acquired and operated 130+ properties, totaling more than 24,000 units and over $3.1BN in real estate. With more than two decades of focused multifamily investing, Virtú maintains a highly selective acquisitions practice and a fully integrated, in-house property management firm.

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