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Reliant Group Buys San Jose Apartment Building for $71M

Deal for two-story Moreland Apartments complex built in 1982 at 4375 Payne Avenue works out to $434K per unit. ....

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San Jose apartment complex is bought as Bay Area real estate wobbles

A big San Jose apartment complex has been bought for over $70 million in a deal that hints at a waning market for multifamily real estate and a tricky economy for property investors. ....

Reliant-group , Santa-clara-county-recorder-office , Citibank , San-reliant-group , San-jose , Santa-clara-county-recorder , Francisco-based-reliant-group , Moreland-apartments , Bay-area , Palo-alto , Walnut-creek

Negligible value claims and agreements

Find out how to make a negligible value claim for unquoted shares, and check if shares formerly quoted on the London Stock Exchange now have negligible value. ....

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Catalyst, CalCHA Acquire 2 California Communities for $231M


Catalyst, CalCHA Acquire 2 California Communities for $231M
The partnership will convert nearly 600 units into rent-restricted apartments for middle-income households.
Apr302021
Image courtesy of Catalyst Housing Group
Catalyst Housing Group, in partnership with California Community Housing Agency (CalCHA), has continued its plans to bring more middle-income units to California following the acquisition of two communities.
Catalyst acquired Aster in Dublin, Calif., for $163 million and Mira Vista Hills in Antioch, Calif., for $68 million.
Jordan Moss, founder of Catalyst, told
Multi-Housing News that the company acquired the 92 percent-occupied Aster from Bay West Development and Berkshire Residential Investments, while the 96 percent-occupied Mira Vista Hills was purchased from Reliant Group. ....

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