The 30 rental apartment buildings, including 145 Fell, were sold at a value of $260 million.
SAN FRANCISCO—Nahla Capital recently sold 30 rental apartment buildings, all located here, at a value of $260 million. The sale involved a reinvestment by the sellers of a portion of the sale proceeds in the purchasing joint venture at closing.
Hunton Andrews Kurth LLP advised Nahla Capital. The Hunton Andrews Kurth team was led by New York partners Carl Schwartz and Matt Scoville, and associates Michal Baum and Ida Phair.
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Lisa Brown
Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.
