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Colliers Team Brings Sacramento Deal Across the Finish Line
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Colliers Team Brings Sacramento Deal Across the Finish Line
The Colliers Sacramento Multifamily Team has closed the $16-million sale of 2850 Cottage Way, a 100-unit apartment property in Sacramento. The property traded at 6.53% cap rate. The sale posed its share of hurdles along the way. “This was our team’s second time working with this investor on acquiring multifamily property in Sacramento,” according to the team of EVP Aaron Frederick, SVP Matt Sarro and associate George Melski. “With a 1031 exchang…
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