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22294 City Center Dr, Haywa...

Updated Mar 11, 2025

Jordan Moss's Catalyst Housing Group Acquires Multifamily Property In Hayward For $128.7M
SOLDMultiFamily

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

CG
Catalyst Housing GroupBuyer
Bridge Investment Group
Bridge Investment GroupLender

Hayward MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $500 per square foot on a published $128.7M for 257,000 square feet (2021).

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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

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