Sam Kuiumdjian Matthew Ellis Matt Jacobs Guy Penini Acquire Multifamily Asset In Anaheim For $108M

Park Vista Apartments is a multifamily asset located at 1200 North Robin Street in Anaheim. This property comprises 392 units and has a total square footage of 329,280. The sale price for the transaction was $108,000,000, which calculates to a price per unit of $275,510 and a price per square foot of $327.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $108,000,000
• Units: 392
• Square Footage: 329,280
• Price Per Unit: $275,510
• Price Per Square Foot: $327
• Buyer: Sam Kuiumdjian, Matthew Ellis, Matt Jacobs, Guy Penini - BLDG Partners
• Seller: Bethesda Holdings
• Broker: Scott Melnick - Melnick Real Estate Advisors

The transaction reflects the involvement of BLDG Partners, represented by Sam Kuiumdjian, Matthew Ellis, Matt Jacobs, and Guy Penini. The representation of the seller, Bethesda Holdings, was conducted by Scott Melnick from Melnick Real Estate Advisors. The acquisition targets an affordable housing community under the LIHTC program.