Just Closed! Our Palo Alto office closed the sale of Moreland Apartments, a 160-unit affordable housing asset in San Jose, California. The property sold for $71 million, or $443,750 per unit. Mitchell Zurich, Kirk Trammell, David Cutler and, Joshua Johnson represented the seller, the original developer of the property, and procured the buyer. Read the full story: https://lnkd.in/gTB-WDQD #multifamily #cre #investing
Great Job!
Appraiser and Estimator
1moWow! $444K/door on an affordable complex? Only in Palo Alto! Ch-Ching!!