East Bay apartment deal is poised to preserve site’s affordable rents

PITTSBURG — A big East Bay apartment complex has been bought by a real estate investment firm in a deal that could help the residential property remain affordable for people with low or modest incomes.

Lido Square Apartments in Pittsburg has been bought for $90 million, according to documents filed on Dec. 12 with the Contra Costa County Recorder’s Office.

The 173-unit apartment complex is at 2131 Crestview Lane in Pittsburg, according to county and state agency public documents…

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