Prometheus Real Estate Group Pays $69.5MM for 173-Unit Highlander Apartments in Sunnyvale

In a Bay Area apartment market that has spent 18 months generating distress headlines, Prometheus paying 4.3 percent above the county average for a 57-year-old Sunnyvale walk-up is the clearest possible statement that Silicon Valley's structural supply shortage is still doing what it always does — holding the floor under pricing even when everything around […]