An affiliate of Berkshire Group and TruAmerica Multifamily acquired Career Lofts, a 142-unit Class A apartment community in Laguna Niguel, California. The newly constructed complex will be rebranded as Skye at Laguna Niguel and will be managed by Berkshire Communities, the property management division of Berkshire Group.

“Berkshire is please to expand its presence in Southern California and is actively pursuing additional opportunities to grow in the region,” noted Eric Schrumpf, Senior Vice President, Multifamily Acquisitions, Berkshire Group. “The purchase of Skye at Laguna Niguel highlights our continued focus on investing in quality product in our targeted group of markets.”

Developed by United American Properties, Skye at Laguna Niguel amenities include a resort style pool and spa, rooftop lounge and resident social lounge, outdoor jogging path and bike maintenance station.