The largestproperty by unit size is Villa Medanos with 112 units inAntioch.
NAPA, CA—Multifamily investment sales volume for 2018 totaled$172.6 billion (12.1% year-over-year growth), the highest annual total on record. Volume in major markets surged24.8% year-over-year, led by increases of more than 40% in New Yorkand San Francisco, according to a year-end report by Newmark KnightFrank.
That surging volume going into 2019 is evident with SanFrancisco-based Reliant Group Management's purchase of aseven-asset multifamily portfolio. The $116 million acquisitionencompassed 603 apartments totaling approximately 478,345 rentablesquare feet in Napa, Vallejo, Hercules, Antioch, Dublin andHayward.
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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.
