Bridge Investment Group Acquires Multifamily In San Diego For $86.65M

The multifamily property located at 1237 Graves Ave. in San Diego has been sold in a transaction valued at $86,650,000. The property consists of 277 units, with an average price per unit of $312,815.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $86,650,000
• Address: 1237 Graves Ave.
• Market: San Diego
• Seller: R & V Management
• Buyer: Bridge Investment Group
• Brokers: Ed Rosen, John Chu & Tyler Sinks - Berkadia San Diego

The sale was facilitated by Ed Rosen, John Chu, and Tyler Sinks from Berkadia San Diego. Their expertise contributed to the successful completion of the transaction. The sale of the 277-unit multifamily property not only highlights the thriving real estate market in San Diego but also represents a significant investment opportunity for the buyer, Bridge Investment Group.