Jason Post Of Post Investment Group Acquires San Regis Multifamily In Van Nuys For $69M

The multifamily asset involved in the transaction is the San Regis apartment complex, located at 15454 Sherman Way in Van Nuys, CA. The property consists of five buildings and features a total of 390 units. It was sold for approximately $69 million, equating to about $176,923 per unit. The complex has undergone nearly $17 million in upgrades prior to the sale.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $69,000,000
• Units: 390
• Price Per Unit: $176,923
• Buyer: Jason Post - Post Investment Group
• Seller: William Huffman - Nuveen

Jason Post, representing Post Investment Group, has acquired the San Regis apartment complex from William Huffman of Nuveen. This transaction is noted as one of the largest multifamily deals in the San Fernando Valley for the year.