Jason Post Of Post Investment Group Acquires 189-Unit Candlewood North Apartments From David Schwartz For $51.1M

The property asset involved in the transaction is a multifamily apartment complex located at 9830 Reseda Boulevard, Northridge. The sale was completed for a total price of $51,100,000, reflecting a per-unit price of $270,370 across 189 units.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $51,100,000
• Buyer: Jason Post - Post Investment Group
• Seller: David Schwartz - Waterton
• Units: 189
• Price Per Unit: $270,370

Post Investment Group, led by Jason Post, has continued its acquisition activities in Southern California with this purchase, following previous transactions in Palmdale, San Jose, and North Hollywood. David Schwartz represented Waterton in the sale of the Candlewood North apartments.