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37200 Sequoia Terrace

Jim Rosten Of Benedict Canyon Equities Buys Vue Fremont Apartments From Alfred Pace For $50M
SOLDMultiFamily

Jim Rosten Of Benedict Canyon Equities Buys Vue Fremont Apartments From Alfred Pace For $50M

37200 Sequoia Terrace

$50,000,000

Building Size

Asset Type

MultiFamily

Closing

Dec 6, 2025

AI

The multifamily asset involved in the transaction is the 134-unit Vue Fremont apartments located at 37200 Sequoia Terrace, Fremont. The sale price was set at $50,000,000, translating to approximately $373,134 per unit. The property is in a competitive multifamily market, reflecting ongoing trading activity.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $50,000,000
  • Units: 134
  • Price Per Unit: $373,134
  • Buyer: Jim Rosten - Benedict Canyon Equities
  • Seller: Alfred Pace - Pacific Urban Investors
  • Date of Transaction: 12/06/2025

Jim Rosten, representing Benedict Canyon Equities, has noted that this transaction marks the firm's first acquisition in the East Bay. The company plans to implement value-added upgrades over a five-year hold period, including pool expansion, landscaping, and exterior improvements.

Players

Jim Rosten

Benedict Canyon Equities

Buyer

$107.2M

vol

3 deals

Buyer
Benedict Canyon Equities
Benedict Canyon EquitiesBuyer

Alfred Pace

Pacific Urban Investors

Seller

$1.2B

vol

12 deals

Seller
Pacific Urban Investors
Pacific Urban InvestorsSeller

Fremont 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

0.32%

Cash-on-Cash

-0.09%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93