A game-changing $113 million deal to bring San Jose State University students to a hotel tower is deemed to be the "ultimate win-win" for the school and the city's downtown district.
A game-changing $113 million deal to bring San Jose State University students to a hotel tower is deemed to be the "ultimate win-win" for the school and the city's downtown district.
A game-changing $113 million deal to bring San Jose State University students to a hotel tower is deemed to be the "ultimate win-win" for the school and the city's downtown district.
SAN FRANCISCO, CA - JLL Capital Markets announced today that it closed on the sales of three value-add, garden-style multi-housing assets in Silicon Valley, including the 72-unit Appletree in Campbell, California, the 68-unit Vista Pointe and 50-unit Cedartree in Santa Clara, California, for a total of approximately $70 million.
JLL worked on behalf of the private seller and procured three unique buyers for the portfolio.
The portfolio contains a desirable unit mix with 37% one-bedroom units.
The projects are located in Campbell and Santa Clara, Calif. A private seller has divested three communities in Silicon Valley for approximately $70 million.