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City: Sacramento

822 Bruceville Road

An investment group led by construction executive Kurt Hilbers has bought the 57,400-square-foot Strawberry Creek shopping center in Sacramento, Calif., for $20.95 million, or $364.98/sf.

5900 Riza Ave.

SMG Investment has sold the 130-unit Regency Apartments in Sacramento, Calif., for $15.8 million, or $121,538/unit. The sale was financed with a $12.8 million Freddie Mac loan that was secured by Berkadia. The loan has a 10-year term.

3521-3668 North Freeway Blvd.

Fairbourne Partners has paid $56 million, or $197.65/sf, for a 283,341-square-foot component of the 666,000-sf Promenade at Sacramento retail center in Sacramento, Calif. The property is 94 percent occupied. Fairbourne funded its purchase in part with a $37.5 million mortgage ...

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