Rising apartment rents and ongoing demand for housing in one of the nation's most expensive multifamily markets have triggered a big-ticket deal despite an increasingly tumultuous economic landscape that has strangled investment activity across the U.S.
Silicon Valley Investor Expands Hometown Stake With $106 Million Apartment Buy
Spieker Cos. Aims To Capitalize on Rising Rents in One of Nation’s Priciest Housing Markets
By Katie Burke
CoStar News
January 23, 2023 | 11:22 P.M.
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IN THIS ARTICLE
- Properties
- Cherryhill Apartments
902 Remington Dr, Sunnyvale, CA
- Companies
- Spieker Companies, Inc
Real Estate