Bay Area apartment complexes, old and new, land local buyers

Bay Area apartment complexes, old and new, land local buyers

a year ago
Anonymous $Gb26S9Emwz

https://www.siliconvalley.com/2023/03/08/bay-area-san-jose-palo-alto-apartment-home-build-real-estate-buy-sell/

SAN JOSE — Local buyers have grabbed apartment complexes, one built 60 years ago in Palo Alto and the other built three years ago in San Jose, in deals that suggest investors still thirst for Bay Area residential sites.

Scotia Apartments in San Jose and Midtown Court Apartments in Palo Alto were bought in recent days for a combined $51 million in recent days, according to documents on file with the Santa Clara County Recorder’s Office.

Bay Area apartment complexes, old and new, land local buyers

Mar 8, 2023, 7:39pm UTC
https://www.siliconvalley.com/2023/03/08/bay-area-san-jose-palo-alto-apartment-home-build-real-estate-buy-sell/ > SAN JOSE — Local buyers have grabbed apartment complexes, one built 60 years ago in Palo Alto and the other built three years ago in San Jose, in deals that suggest investors still thirst for Bay Area residential sites. > Scotia Apartments in San Jose and Midtown Court Apartments in Palo Alto were bought in recent days for a combined $51 million in recent days, according to documents on file with the Santa Clara County Recorder’s Office.