Security Properties and Pacific Life Acquire 118-Unit Monte Vista Senior Apartment Community Located in San Jose, California
SAN JOSE, CA - Security Properties has teamed with Pacific Life Insurance Company and Hearthstone Housing Foundation to acquire Monte Vista Senior Apartments, a 118-unit apartment community located in San Jose, CA. The acquisition marks the seventh joint venture between Security Properties and Pacific Life since 2018. Financing was provided by Fannie Mae through Berkadia.
Source: multifamilybiz.com