https://www.siliconvalley.com/2022/10/25/santa-clara-home-apartment-real-estate-buy-sell-build-50-million/

SANTA CLARA — A big Santa Clara apartment complex has been bought for more than $50 million by investors in a deal that indicates ongoing interest in the Bay Area residential real estate market despite economic uncertainties.

Montecito Apartments was bought by an affiliate of Pacific Urban Investors for $50.7 million, according to documents filed on Oct. 24 with the Santa Clara County Recorder’s Office.