Sacramento

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.

Sacramento Multifamily Report – Winter 2020

Tepid development and the Bay Area’s spillover effect continue to push area rents to new heights.

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.

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.

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.

Aegon Launches Opportunity Zone Platform

The firm formed a joint venture with a subsidiary of Kemper Corp. to develop a $60 million project in Sacramento.

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.

Pathfinder Partners Buys Sacramento-Area Property

The 170-unit Rosemont Park, situated 10 miles east of downtown, traded for $28.8 million.

Sacramento rent evolution, click to enlarge

Sacramento Multifamily Report – Summer 2019

The metro is now largely a landlord’s market due to limited inventory growth and the Bay Area’s exodus.

The Key Factors Behind Sacramento’s Growth

CBRE’s Marc Ross discusses the current landscape of the Sacramento multifamily market and reveals what fuels its steady progress.