Stake in big San Jose apartment complex is bought by L.A. investors

SAN JOSE — A stake in a big San Jose apartment complex has been bought by a Southern California investment group — yet the deal hints at weaker property values for rental housing. The real estate group paid $93.5 million to buy a ground lease that gives the investors ownership of the two San Jose…#sanjose #southerncalifornia #gammaway #santaclaracounty #duoapartments #salsaglimbeni #philipsaglimbeni #marcusmillichap #jrkpropertyholdings #jrkproperty

Source: Reuters: Health - August 21, 2023 Category: Consumer Health News Source Type: news