https://www.siliconvalley.com/2024/06/14/san-jose-home-house-housing-apartment-property-economy-south-bay-buy/

SAN JOSE — A big San Jose apartment complex has been bought for over $70 million in a deal that hints at a wobbly market for multifamily real estate and a tricky economy for property investors.

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Moreland Apartments, a multifamily property at 4375 Payne Avenue in San Jose, was bought for $71 million, according to documents filed on June 13 with the Santa Clara County Recorder’s Office.