IPA
Interstate Equities Buys 468-Unit Summerwood Apartments in Santa Clara for $203.2MM
By Kate Snyder A large multifamily property in Santa Clara traded hands recently. The asset, known as the Summerwood Apartments, was sold for...
Step Up Housing Pays $47.3MM to Acquire 240-Unit Vue at 3600 in Richmond, Calif.
Financing Structured by Sack Capital Partners and Align Finance Partners; Will Also Provide Asset and Property Management of Affordable Community (EDITOR’S NOTE: According...
Pacific Urban Investors Buys 100-Unit The Kensington in Pleasanton for $35.5MM
By Kate Snyder A multifamily community in Pleasanton traded hands recently in a deal that shows the city continues to attract investors to...
The Bay Area’s Multifamily Market Faces Opportunities and Challenges in the Year Ahead
The San Francisco Bay Area has long been known for its dynamic tech industry, stunning vistas, and vibrant culture. But in recent years,...
Two Big Multifamily Sales Totaling $186MM+ Part of “Significant” Q4 Closings
PALO ALTO, Calif.– Institutional Property Advisors (IPA), a division of Marcus & Millichap announced today that in the fourth quarter of 2020, its Palo Alto, California-based multifamily...
Brookfield Buys Mountain View Apartment Asset for $292MM
(EDITOR’S NOTE: According to public documents, the buyer of the property is Brookfield Properties, which paid $292,000,000, or $884,848 per unit, including the...
GID Buys San Francisco Apartment Complex for $86MM
By Jon Peterson Boston-based General Investment and Development has acquired the 129-unit Eviva Mission Bay apartment complex in San Francisco for $86.25 million,...
Greystar Buys Sunnyvale Apartment Complex for $107MM
By Vladimir Bosanac Charleston, SC-based Greystar is making its footprint in the Bay Area larger. The company just spent $107 million, or $557,291...
