Pathfinder Partners acquired a multifamily asset located at 7707-7787 Tommy Street in San Diego. The property spans 7.3 acres and consists of 160 units with a price per unit of $197,500. The total sale price was $31,600,000.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $31,600,000
• Address: 7707-7787 Tommy Street
• Market: San Diego
• Units: 160
• Price Per Unit: $197,500
• Buyer: Pathfinder Partners
• Seller: ERFSCV LLC
• Buyer's Representative: Erik Anderson - Newmark
• Seller's Representative: Greg Gorsuch - Chamberlain Property Management
• Mortgage Brokers: Garrett Meyers & Robert Younkin - Newmark
• Mortgage Amount: $18,600,000

This transaction features significant representation in the multifamily sector, with Erik Anderson of Newmark advocating for the buyer and Greg Gorsuch from Chamberlain Property Management representing the seller. Newmark facilitated the financing for the acquisition through an $18.6 million Fannie Mae loan, enhancing the financial structure of this off-market deal.