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Rize LKMS Acquires Multifamily Property In Irvine, CA For $190M

Property Image
SOLD
$190,000,000
Stewart (Stew) Weston
Dean Zander

California

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MultiFamily350,000 SF
Sold 10/18/2022
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Property Image
SOLD

Rize LKMS Acquires Multifamily Property In Irvine, CA For $190M

1100 Synergy, Irvine, California 92614, United States

See Similar Deals
MultiFamily350,000 SF
Sold 10/18/2022
Stewart (Stew) Weston
Dean Zander
the dealplayerscompscontact
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Summary

CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$542
Total Square Footage:350,000 SF
Transaction Type:Sale

The multifamily property located at 1100 Synergy in Irvine, CA has been sold. The transaction took place on 10/18/2022.

Summary of Transaction Details:

  • Property Type: Multifamily
  • Transaction Amount: $190,000,000
  • Address: 1100 Synergy, Irvine, CA
  • Market: Irvine, CA
  • Units: 363
  • Price per Unit: $523,416
  • Square Footage: 350,000
  • Price per Square Foot: $543

The buyer in this transaction is Rize LKMS, represented by Lee Kort. The seller is Fairfield Residential. CBRE's Dean Zander and Stew Weston represented the seller in this deal.

Players

Dean Zander
Newmark
Dean Zander
34 deals$2.1B volume(310) 407-6522
BROKER
Stewart (Stew) Weston
Stewart Weston
25 deals$1.9B volume(562) 688-4500
BROKER
Fairfield Residential
Fairfield Residential
SELLER

Details

SOLD
IMAGE: Stew Weston & Dean Zander DATE: 10/18/2022 ADDRESS: 1100 Synergy MARKET: Irvine, CA ASSET TYPE: Multifamily BUYER: Rize LKMS - Lee Kort SELLER: Fairfield Residential (@FairfieldResidential) SELLER'S REP: Dean Zander & Stew Weston - CBRE (@CBRE) SALE PRICE: $190,000,000 UNITS: 363 ~ PPU: $523,416 SF: 350,000 ~ PPSF: $543

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