Mountain View Apartments Sell for Sub-5 Percent Yield

By Jon Peterson Boston-based fund manager Rockpoint Group has paid not quite $30 million all cash to buy a 127-unit Mountain View apartment complex built in 1969. The Matteson Cos., a San Mateo firm, was the seller. Matteson owned the Highland Gardens Apartments for six years, completing a renovation after the apartments’ purchase. Rockpoint achieved […]