3D Investments Acquires Multifamily Asset At 77 North Almaden Avenue In San Jose For $185M

The multifamily property located at 77 North Almaden Avenue in San Jose, CA has been sold in a closed transaction. The property consists of 347 units, with a price per unit of $533,141, resulting in a total sale price of $185,000,000. The sale was facilitated by Joseph Daneshgar of 3D Investments, representing the buyers, and the seller was AFL-CIO Building Investment Trust. Poppy Bank provided the financing for the transaction.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $185,000,000
• Address: 77 North Almaden Avenue, San Jose, CA
• Market: San Jose, CA
• Buyer: 3D Investments - Joseph Daneshgar
• Seller: AFL-CIO Building Investment Trust
• Lender: Poppy Bank
• Number of Units: 347
• Price per Unit: $533,141

Joseph Daneshgar, representing 3D Investments, served as the buyer's representative in this transaction. The sale of the multifamily property at 77 North Almaden Avenue highlights the expertise and experience of the individuals and companies involved in the deal.