Bridge Investment Buys 156-Unit Multifamily Property in Vallejo for $45.5MM

Vallejo, CA — Today, Newmark announced it has completed the sale of The Meritage, a 156-unit multifamily community located at 56 Valle Vista Avenue in Vallejo, California. The sale price was $45,500,000 ($291,667 per unit). The buyer was Bridge Investment Group headquartered in Salt Lake City, UT, and the seller was Piedmont Properties Group, based in San Francisco, […]