Greystar Acquires 264-Unit Multifamily Property In Inland Empire For $97M

The multifamily property located at 9400 Fairway View Pl. in the Inland Empire has been sold in a closed transaction. Spanning over 260,000 square feet, the property consists of 264 units. The sale price for this transaction was $97,000,000, resulting in an average price per unit of $367,424. The price per square foot was calculated at $373.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $97,000,000
• Units: 264
• Price per Unit: $367,424
• Square Footage: 260,000
• Price per Square Foot: $373
• Address: 9400 Fairway View Pl.
• Market: Inland Empire

This transaction involved the following key individuals and companies. Greystar acted as the buyer, while Acacia Capital served as the seller. The brokers representing both parties were Dean Zander and Stew Weston from CBRE.