Huge East Bay apartment complex is bought for well over $200 million

Huge East Bay apartment complex is bought for well over $200 million

RICHMOND — An alliance of California real estate firms has bought a huge apartment complex in the East Bay in a deal that tops $200 million for the residential hub that includes some income-restricted units. Related Articles California asking prices dip as homes for sale jump 50% Did Gov. Gavin Newsom go too far with CEQA reform? Could renting be part of the new American dream? Bay…

Kennedy Wilson Sells 1,008-Unit Apartment Complex in Richmond for $225MM in Apparent Equity Deal Involving Pacific Housing - The Registry

By The Registry Staff A significant real estate transaction has unfolded in the East Bay, with an alliance of California real estate firms acquiring the sprawling Bella Vista at Hilltop apartment complex in Richmond for $225 million, or about $223,214 per unit. According to public property records, the seller and buyer were entities affiliated with […] The post Kennedy Wilson Sells 1,008-Unit Apartment Complex in Richmond for $225MM in Apparent …