Read Investments Spends $32MM on 98-Unit Higby in Berkeley

A prominent Berkeley apartment complex has changed hands at a significantly reduced price following a foreclosure, underscoring the ongoing struggles in the East Bay’s multifamily housing market. The Higby, a 98-unit, five-story building located at 3015 San Pablo Avenue, was recently purchased for $32 million, or approximately $326,530 per unit, by Berkeley-based Read Investments, a […]