A 184-unit multifamily development in Riverside has been sold.
PCCP, a national real estate finance and investment management firm, and Alliance Residential Co., a rental residential real estate developer based in Scottsdale, Az., bought the property at 9179 Indiana Ave. for $65.3 million, according to a statement released by both companies.
Information about the seller was not disclosed. The average unit covers an estimated 873 square feet…