Institutional Property Advisors
MG Properties Acquires 168-Unit Martinez Community for $67MM
(EDITOR’S NOTE: According to public documents, the property sold on November 23rd for $67,250,000, or roughly $400,300 per unit.) SAN DIEGO, Nov. 24, 2021 — MG...
Cumberland Holdings Buys Daly City Apartment Complex for $34MM
By Jon Peterson In a sign that interest for multifamily properties across the Bay Area remains unabated, the Rolling Hills Estates and San...
Bell Partners Spends $85MM on Rohnert Park Apartment Asset
By Jon Peterson Greensboro, N.C.-based Bell Partners is growing its apartment portfolio in Northern California with its most recent acquisition. The company just paid...
Nearon Buys Two Sacramento Apartment Properties for $34MM
SACRAMENTO, Calif.,Dec. 3,2020 – Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced today the sale of two multifamily properties totaling 231...
Jay Paul Spends $73.5MM on Redwood City Apartment Complex
(EDITOR’S NOTE: According to public documents filed with San Mateo County, the sales price Jay Paul paid was $73.5 million, or $816,666 per...
Vista Investment Group Acquires Pleasant Hill Apartment Community for $91MM
Los Angeles, CA (March 5, 2020) — Vista Investment Group in partnership with Tokyu Land US Corporation (“TLUS”), a fully-integrated real estate development...
Sares Regis Sells 83-Unit Aperture in San Bruno for $60.25MM
(EDITOR’S NOTE: According to public documents, the transaction on December 20, 2019 for $60,250,000, or just over $725,903 per unit. The buyer was...
Brookfield Buys Mountain View Apartment Asset for $292MM
(EDITOR’S NOTE: According to public documents, the buyer of the property is Brookfield Properties, which paid $292,000,000, or $884,848 per unit, including the...
Essex Spends $414MM on Three Apartment Deals in the San Francisco Bay Area
By Jon Peterson San Mateo-based Essex Property Trust has acquired three apartment complexes in Emeryville, Menlo Park and Redwood City with the total...
Nuveen Sells Redwood City Apartment Property for $88.65MM
REDWOOD CITY, Calif., Oct. 2, 2019 – Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced today the sale of Township Apartments, a 132-unit...
