Scott McCallum And Surya Prabhakar Of Blackstone Acquire Rancho Cucamonga Multifamily For $90 Million

The property asset involved in the transaction is a multifamily asset located at 10757 Lemon Avenue in Rancho Cucamonga. The sale price of the asset was $90,000,000, encompassing 290 units. The total square footage of the property is 257,374, with a price per unit of $310,344 and a price per square foot of $349.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $90,000,000
• Units: 290
• Square Footage: 257,374
• Price Per Unit: $310,344
• Price Per Square Foot: $349
• Buyer: Scott McCallum & Surya Prabhakar - Blackstone
• Seller: Sean Gulian - Nuveen
• Broker: Blake Rogers - JLL

The key individuals involved in the deal are Scott McCallum and Surya Prabhakar representing the buyer, Blackstone, while Sean Gulian represented the seller, Nuveen. Blake Rogers served as the broker for this transaction, facilitating the sale between the parties involved.