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A venture of Foundation Housing and Pennant Housing Group has paid $72.1 million, or nearly $426,630/unit, for the 169-unit Redwood Gardens Apartments in Berkeley, Calif. The venture bought the age-restricted property, whose rents are subsidized through the U.S. Department of ...
98 percent leased. Cantor Commercial Real Estate, an affiliate of Cantor Fitzgerald, provided financing.
Property is 95 percent occupied
The 2 bldgs neighbor Seagate's 68,000-sf Wells Fargo building at the corner of Center and attuck Avenue.
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