MG Properties And Rockwood Capital Acquire San Diego Multifamily For $184.6M
8798 Spectrum Center Boulevard
MultiFamily
Summary
Jeff Gleiberman captured an image of the recent closed property transaction of a multifamily asset in San Diego. The transaction took place on December 19, 2022, at 8798 Spectrum Center Blvd.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $184,600,000
- Market: San Diego
- Buyer: MG Properties - Jeff Gleiberman & Rockwood Capital
- Seller: Magnolia Capital
- Broker: Joseph Smolen, Geoff Boler, Mark Peterson, Jonathan Merhaut & Eugene Chong - Eastdil Secured
- Units: 379
- Price per Unit (PPU): $487,071
The buyer, represented by MG Properties and Jeff Gleiberman & Rockwood Capital, acquired the multifamily asset from Magnolia Capital. Eastdil Secured, through their brokers Joseph Smolen, Geoff Boler, Mark Peterson, Jonathan Merhaut, and Eugene Chong, facilitated the transaction.
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8798 Spectrum Center Boulevard
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