The properties are the Sequoia Apartments (64 units) and Whipple Avenue Apartments (48 units). Post renovation, both properties will be referred to as Sequoia at Wellesley Crescent.

Both buyer and sellers were represented by David Silver and Ryan Wagner of Arroyo & Coates.

Kirby Sack Properties owns and manages 1,000 units in the Bay Area and is looking to expand. Company officials are looking to double its portfolio over the next 24 months.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM Digital Member, you’ll receive:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.