Ridge Capital Investors Acquires Multifamily Property In San Leandro & Hayward For $189.5M

Located at 888 Davis Street & 50 Austin Avenue in San Leandro & Hayward, this sale transaction involves a multifamily property. The property consists of 444 units and was sold for a price of $189,500,000, resulting in a per-unit price of $426,801.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $189,500,000
• Address: 888 Davis Street & 50 Austin Avenue, San Leandro & Hayward
• Market: San Leandro & Hayward
• Buyer: Ridge Capital Investors LLC - Trevor Wilson, Contrarian Capital Management & Andell Holdings
• Units: 444
• Price per Unit: $426,801

The buyer in this transaction is Ridge Capital Investors LLC, represented by Trevor Wilson, Contrarian Capital Management, and Andell Holdings.