Home Finance Jonathan Rose Companies Pays $85MM for 150-Unit La Posada Senior Apartments in Santa Cruz
FinanceINDUSTRY newsResidential

Jonathan Rose Companies Pays $85MM for 150-Unit La Posada Senior Apartments in Santa Cruz

Share
View of Santa Cruz from the beach
Photo by James Coleman on Unsplash
Share

Jonathan Rose Companies’ second Santa Cruz purchase puts a 150-unit senior property into its $660 million preservation fund, which extended a federal rent subsidy for 122 units from 2028 to 2048. Jonathan Rose Companies has acquired La Posada Apartments, a 150-unit mixed-income senior community in Santa Cruz, for $85 million, locking in rent subsidies for […]

Thank you for your interest in The Registry. If you'd like to read further, you must Subscribe or Log In below to read the rest of this content.

Share

Partner Content

2026 Northern California CRE Rising Stars

NorCal rising stars 2026

Partner Content


Recent Posts

Related Articles

WeWork Report: San Francisco Members Up 8%, Enterprises Up 11% as AI Fuels Flex Demand

WeWork's mid-year analysis of its global membership found San Francisco added member...

BizLink Group Expands With 27,000 SQFT Lease at 668 Mission Court in Fremont as Power Becomes the Deciding Factor

Electronics manufacturer BizLink Group has taken another 27,000 square feet at 668...

Sutter Health Drops 325-Bed Emeryville Hospital Plan Over CEQA Risk, Pivots to Outpatient Campus

Sutter Health has dropped plans for a 330-foot hospital tower at the...