CT REALTY INVESTORS, WLCM ACQUIRE THREE APARTMENT COMMUNITIES IN COSTA MESA

ALISO VIEJO, CA – May 3, 2011 – (RealEstateRama) — CT Realty Investors and WLCM have entered into a joint venture to acquire apartment communities in select coastal submarkets throughout Southern California. The CT joint venture just acquired three communities in Costa Mesa for approximately $10 million which include 55 units located within a mile of each other.