CMFA Special Finance Agency & BLDG Partners Acquire Multifamily Property In Orange For $141.8M

Located at 3099 W. Chapman Ave. in Orange, a multifamily property has been sold for a total price of $141,750,000. The property consists of 282 units with an average price per unit of $502,659. Spanning across 258,703 square feet, the property has a price per square foot of $547. The transaction took place on January 13, 2022.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $141,750,000
• Address: 3099 W. Chapman Ave.
• Market: Orange

CMFA Special Finance Agency and BLDG Partners acted as buyers in the deal, while UBS served as the seller. The transaction was facilitated by Marcus & Millichap, with Greg Harris, Joe Grabiec, and Kevin Green representing the parties involved.