Updated Nov 4, 2026
Angela Kleiman Of Essex Property Trust Acquires Mixed-use Complex In Hayward For $205.3M
22335 Foothill Boulevard
$205,300,000
Units
476
Asset Type
Mixed-use
Closing
Oct 31, 2026
About this deal
AI
The property involved in the transaction is a mixed-use asset located at 22335 Foothill Boulevard in Hayward, CA. It was sold for $205,300,000 and consists of 476 units along with 80,500 square feet of ground-floor retail space. The price per unit amounts to approximately $431,303.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $205,300,000
- Buyer: Angela Kleiman - Essex Property Trust, Inc.
- Seller: Jonathan Slager - Bridge Investment Group; David B. Dollinger, Michael I. Dollinger & Barrie Dollinger Mengarelli - Dollinger Properties
- Units: 476
- Price Per Unit: $431,303
- Market: Hayward, CA
This transaction involved Essex Property Trust, Inc., which was represented by Angela Kleiman. The sellers included Jonathan Slager from Bridge Investment Group and the Dollinger family through Dollinger Properties, specifically David B. Dollinger, Michael I. Dollinger, and Barrie Dollinger Mengarelli.
On the Map
$205,300,000
Mixed-use
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Players
Pine Valley Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.08%
Cash-on-Cash
-0.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93