ColRich Acquires Seasons At Farmington Reserve Multifamily In Bend For $63.1M

The Seasons at Farmington Reserve, a 228-unit multifamily property located at 61560 Aaron Way in Bend, Oregon, has been sold for $63.1 million. The property was acquired by ColRich, a San Diego developer, from Security Properties of Seattle.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $63,100,000
• Address: 61560 Aaron Way, Bend, OR
• Market: Bend, OR
• Buyer: ColRich
• Seller: Security Properties
• Units: 228
• Price Per Unit: $276,754

ColRich, known for its real estate developments in San Diego, has completed the purchase of the Seasons at Farmington Reserve. The acquisition of this multifamily property aligns with the company's strategic expansion plans.