Real Estate/Development
Nov. 2, 1999
Apartment seller sails off with $200,000 per unit
San Francisco's extraordinarily tight residential rental market - most sources put the vacancy rate at about 1 percent - has led to the sale of a waterfront apartment complex for an astonishing $200,000 per unit, the highest rate ever paid in the Bay Area for a multifamily property with more than 100 units.




San Francisco's extraordinarily tight residential rental market - most sources put the vacancy rate at about 1 percent - has led to the sale of a waterfront apartment complex for an astonishing $200,000 per unit, the highest rate ever paid in the Bay Area for a multifamily property with more than 100 units.
Lend Lease Real Estate Investments Inc., the Atlanta-based U.S. arm of the Australian real estate giant, paid a reported $83 million for the four-building, 414-unit Sout...
Lend Lease Real Estate Investments Inc., the Atlanta-based U.S. arm of the Australian real estate giant, paid a reported $83 million for the four-building, 414-unit Sout...
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