Bridge Investment Group Acquires Multifamily Property In Suisun City For $72M

Bridge Investment Group has acquired a multifamily property in Suisun City for a sale price of $72,000,000. The property, located at 831 Pintail Drive, sits on 10.0 acres of land. The transaction was finalized on April 14, 2022.

Summary of transation details

• Property Type: Multifamily
• Transaction Amount: $72,000,000
• Address: 831 Pintail Drive, Suisun City
• Market: Suisun City
• Total Acres: 10.0

The seller of the property was FPA Multifamily. Cushman & Wakefield represented the seller in the deal, with Jason Parr, Scott MacDonald, John Hansen, Michael Bissada, and Sydney Ladrech serving as the seller's representatives.

The multifamily property consists of 224 units, with a price per unit (PPU) of $321,430.