64-Unit Briarwood Apartments in Livermore Trades for $19.4MM in 1031 Exchange

A fully occupied, 64-unit apartment community in Livermore has changed hands for $19.4 million in a 1031 exchange acquisition, a transaction that signals investors are still willing to pay up for stabilized rental assets in the Tri-Valley's tightly held suburban submarkets. Briarwood Apartments, located at 3819 East Avenue in Livermore, sold for $19,397,700, which equates […]