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Pair of Folsom Apartment Complexes Trades Hands Between San Francisco Firms

Property Manager Gerson Bakar & Associates Has Been Offloading Its Real Estate Portfolio
The Falls at Willow Creek was constructed in 2004. (CoStar)
The Falls at Willow Creek was constructed in 2004. (CoStar)
By John Bray
October 17, 2022 | 9:40 P.M.

Looking to divest itself of its real estate portfolio, San Francisco-based commercial property manager Gerson Bakar & Associates has sold two of its Folsom, California, apartment complexes to Prime Administration, a private equity fund also based in San Francisco.

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