facebook


Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

California

/

Multifamily

/

Sale

/

101 Pringle Avenue

Updated Apr 9, 2026

Robert Leupold Of Acacia Capital Purchases 358-Unit Multifamily Property In Walnut Creek For $190M
SOLDMultiFamily

Robert Leupold Of Acacia Capital Purchases 358-Unit Multifamily Property In Walnut Creek For $190M

101 Pringle Avenue

$190,000,000

Units

358

Asset Type

MultiFamily

Closing

Sep 9, 2025

About this deal

AI

The property involved in this transaction is a multifamily asset located at 101 Pringle Avenue in Walnut Creek. Acacia Capital acquired the property consisting of 358 units for a total sale price of $190,000,000, resulting in a price per unit of $530,726.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $190,000,000
  • Buyer: Robert Leupold - Acacia Capital
  • Seller: Bradley Blake - Blake Griggs Properties; Frank Arthur - Transit Village Associates
  • Units: 358
  • Price Per Unit: $530,726
  • Date of Transaction: 09/09/2025

CBRE Multifamily Capital arranged a $118,000,000 Fannie Mae loan to finance the acquisition, which replaced a $130,000,000 loan from Mitsui Fudosan America. The deal highlights the involvement of significant industry players, indicating the complexity and scale of the transaction.

On the Map

Open live map

$190,000,000

MultiFamily

View full map

Players

Robert Leupold

Acacia Capital

Buyer

$373M

vol

2 deals

Buyer

Frank Arthur

Seller

$190M

vol

1 deal

Seller
Bilt advertisement

Walnut Creek MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Deal FAQ

About $530.7K per unit across 358 units on a published $190M (2025).

Visit Robert Leupold to view all their deals.

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

More Deals

Nearby Markets