Thousand Oaks Multifamily Sells Above Asking Price at 3.8% Cap Rate
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Thousand Oaks Multifamily Sells Above Asking Price at 3.8% Cap Rate
Berkadia arranged the sale and financing of Lynn Villa Apartments, an 89-unit, garden-style multifamily property in Thousand Oaks. Senior managing director Adrienne Barr and director of transaction services Nancy Badzey of Berkadia Los Angeles led the $27.4-million sale on behalf of the seller, Woodland Hills-based Lynn Villas, LLC. Managing directors George Spadier and Keith Rosso and associate director Jeremy Kanter of Berkadia Los Angeles sec…
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