Blank Rome Represents Alleghany Properties in Sale of Pleasant Grove Pointe Shopping Center
Blank Rome LLP represented Alleghany Properties Holdings LLC (“Alleghany Properties”), a subsidiary of Alleghany Corporation (NYSE: Y), in connection with its sale of the Pleasant Grove Pointe shopping center located in Roseville, California. Headquartered in Sacramento, California, Alleghany Properties owns and manages properties in Sacramento, California. These properties include primarily improved and unimproved commercial land, as well as residential lots. Alleghany Properties owns over 300 acres of property in various land use categories ranging from multi-family residential to commercial. Alleghany Properties also makes investments in California low income housing tax credit limited liability companies.
The transaction closed on July 7, 2016.
Alleghany Properties owns over 300 acres of property in various land use categories ranging from multi-family residential to commercial.