Multifamily news in Deals - Sacramento
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The Michaels Organization to Break Ground on $82M Sacramento Project
The multifamily community is slated for completion in early 2023.
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Catalyst, CalCHA Acquire 2 California Communities for $231M
The partnership will convert nearly 600 units into rent-restricted apartments for middle-income households.
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Davlyn Investments Pays $95M for Sacramento-Area Property
The 273-unit Class A community last traded almost a decade ago, when it commanded $40.5 million.
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Trion Properties Pays $18M for Sacramento Community
Walker and Dunlop acted as equity partner, while Capital One originated a Freddie Mac acquisition loan of $14.2 million.
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Marcus & Millichap Closes $58M Sacramento-Area Deal
First Vice Presidents Investments Steven Nelson and Dusty Haeling assisted the seller and secured the buyer of the Class B asset.
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Oakmont Properties Buys Sacramento Asset for $118M
CBRE brokered the sale of the 277-unit Press at Midtown Quarter, marking one of the city's largest-ever apartment deals.
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Graceada Partners Pays $24M for Sacramento Community
The new owner plans to renovate and modernize the property, investing $12,000 per unit.
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Landmark Properties JV Buys California Student Housing Asset
The 2,289-bed community is subject to a 65-year ground lease held by UC Davis.
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Aspen Square Management Sells Sacramento-Area Property
The Mogharebi Group represented the seller and the private buyer, in the acquisition of Cambridge House Apartments in Davis, Calif.
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Alabama Investor Pays $50M for Sacramento-Area Senior Housing
Harbert Management Corp. purchased the 134-unit property through one of its investment funds, with financing from Greystone.
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OpenPath Investments Grows Sacramento Portfolio
The company financed the acquisition of the 104-unit Sierra Park Townhomes through a $15.5 million, 10-year Freddie Mac loan.
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Sacramento Community Commands $16M
The 130-unit Regency Apartments traded to a Bay Area-based private investor. The acquisition was financed with nearly $13 million.
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Pathfinder Partners Buys Sacramento-Area Property
The 170-unit Rosemont Park, situated 10 miles east of downtown, traded for $28.8 million.
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Aspen Square Management Sells Sacramento-Area Apartments
A 114-unit community in Carmichael, Calif., traded for a record-setting $203,000 per unit.
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Madison Marquette, GFH Financial Group Buy 6-Building Senior Housing Portfolio
The joint venture purchased properties located in California, Washington and Michigan totaling 509 units.