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Aimco Looks To Sell Stake in San Francisco’s Largest Apartment Complex

Real Estate Investment Trust To Offload Interest in Parkmerced Property As Rents Fall
With more than 3,220 units, the Parkmerced apartment complex in San Francisco is the city's largest multifamily property. (CoStar)
With more than 3,220 units, the Parkmerced apartment complex in San Francisco is the city's largest multifamily property. (CoStar)
CoStar News
March 2, 2023 | 10:21 P.M.

Real estate investment trust Apartment Investment and Management Co. is looking to offload its stake in San Francisco's largest apartment complex, a move that coincides with declining rental rates and challenges stemming from the city's pandemic-era recovery.

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