Completed this year, Locale Apartments offers units consisting of studios, one-, and two-bedroom apartments. In-unit features include WiFi hubs on each floor, stainless steel appliances, keyless fob access, Nest learning thermostats and thermal solar water heaters. The building is also pre-wired for Google Fiber, a 1 gigabit Internet service which is up to 100 times faster than standard high speed Internet.

The community amenities include a roof-top deck, outdoor spa, fitness center, private club room, bike storage, pet area and electric vehicle charging at half of the parking spaces. Locale exceeded 90% occupancy as of July 2016 with access to renters such as Stanford University patrons, and tech employees from companies such as Facebook and Google.

“Over the years, Ralph and his team have earned our trust by providing great service and competitive terms on our financing needs,” Acclaim Companies Inc. founder and managing partner, Mark Johnson, says. “At Walker & Dunlop, Ralph is now surrounded by talented professionals like Jeff Burns who secured our Fannie Mae loan at the most competitive terms and then executed flawlessly on the delivery. Ralph Lowen earned my business in 2008 when most lenders were running for cover.”

Acclaim is seasoned in the local market and the key principals of the property have 19 years of experience owning and managing multifamily properties.

“Locale Apartments represents the future of multifamily living and the new core of Silicon Valley. We are pleased to take part in this transformative time in Redwood City's history and are grateful for this opportunity to strengthen our relationship with Acclaim,” Lowen says.