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Burbank Housing Sells 122-Unit Cypress Ridge LIHTC Community in Santa Rosa for $18.8MM

Summary by The Registry
The Sonoma County nonprofit recycles capital out of a 2004-vintage tax-credit asset as its development pipeline expands across the North Bay. Burbank Housing has divested Cypress Ridge, a 122-unit affordable housing community in Santa Rosa’s southeast foothills, for $18.8 million — one of Northern California’s larger deed-restricted multifamily trades of the year and a notable […] The post Burbank Housing Sells 122-Unit Cypress Ridge LIHTC Commu…
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The Registry broke the news on Friday, May 15, 2026.
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