Updated Mar 11, 2025
Jordan Moss's Catalyst Housing Group Acquires Multifamily Property In Hayward For $128.7M
22294 City Center Dr, Hayward, CA, USA
$128,700,000
$500/SF
Building Size
257,000 SF
Asset Type
MultiFamily
Closing
Apr 11, 2021
About this deal
AI
The multifamily property located at 22294 City Center Dr. in Hayward has been sold in a recent transaction. The property, comprising 309 units, was purchased by Jordan Moss of Catalyst Housing Group from the seller, Bridge Investment Group, with the assistance of broker Newmark. The sale price for this transaction was $128,700,000, resulting in a per unit price of $416,504.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $128,700,000
- Number of Units: 309
- Price Per Unit: $416,504
- Buyer: Jordan Moss - Catalyst Housing Group
- Seller: Bridge Investment Group
- Broker: Newmark
- Market: Hayward
This transaction showcases the successful collaboration between Jordan Moss, representing Catalyst Housing Group, and the seller, Bridge Investment Group. Newmark, acting as the broker, facilitated the transaction. The deal reflects the strong demand for multifamily properties in the Hayward market.
Players
Hayward MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.12%
Cash-on-Cash
-0.04%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93