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San Diego multifamily property sells in one of area’s largest apartment deals of the year

Preserve at Melrose reflects investment demand for area real estate
Multifamily transaction volume in the fourth quarter has surpassed $772 million in San Diego, a total that includes the sale of the Preserve at Melrose apartments. (CoStar)
Multifamily transaction volume in the fourth quarter has surpassed $772 million in San Diego, a total that includes the sale of the Preserve at Melrose apartments. (CoStar)
CoStar News
December 10, 2024 | 6:51 P.M.

A San Diego multifamily property sold in one of the area’s largest apartment deals in a year when the Southern California city has swooped up an outsized share of multifamily investments.

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