James O. Buckingham, Michael R. Haggerty & James P. Raisides Acquire 315-Unit Multifamily In Anaheim For $147.5M

The property asset involved in the transaction is a 315-unit multifamily community located at 1600 West Lincoln Avenue, Anaheim, CA, covering an area of 5.2 acres. The sale price for this Class A apartment community, built in 2024, was $147.5 million, which equates to approximately $468,254 per unit. The asset is situated in a market where occupancy has reached 96.4% as of Q2 2026, and average rents have increased to $2,944 per month.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $147,500,000
• Units: 315
• Price Per Unit: $468,254
• Buyer: James O. Buckingham, Michael R. Haggerty & James P. Raisides - TA Realty
• Seller: Ken McCarren - MBK Rental Living
• Brokers: Marc Renard, Morgan Jackson, Manfred Schaub & Joyce Bee - Cushman & Wakefield

The deal features key individuals including James O. Buckingham, Michael R. Haggerty, and James P. Raisides representing TA Realty who acquired the property. The seller, Ken McCarren from MBK Rental Living, contributed to the transaction along with brokerage representation by Marc Renard, Morgan Jackson, Manfred Schaub, and Joyce Bee from Cushman & Wakefield.