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SoCal Family Office Snaps Up Apartments in Competitive Modesto Submarket

Summary by Connect CRE
The Mogharebi Group (TMG) represented Bay Area-based Tesseract Capital Group in the sale of The Marc at 1600, a 100-unit multifamily community located at 1600 Standiford Ave. in Modesto. The buyer was a private family office from Southern California, which paid $26.6 million.  TMG’s team of EVP Otto Ozen, SVP Brian Nakamura and SVP Nazli ...
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Connect CRE broke the news on Friday, September 18, 2026.
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