Lewis & Roca Guides IMT's $8M Townhome Purchase

Law360, New York (October 20, 2011, 9:51 PM EDT) -- IMT Capital LLC and its residential real estate affiliate have acquired a development of multifamily townhomes in Thousand Oaks, Calif., from First Citizens Bank for $8 million cash, the company said Thursday.

IMT Capital and its affiliate IMT Residential, which operates property in Arizona, Texas and Florida, purchased the brand new IMT Rancho Serrano Townhomes at 166 North Rancho Rd.

"We are pleased to continue the expansion of our Southern California portfolio with the addition of IMT Rancho Serrano Townhomes. The Thousand Oaks location is a...
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