CASTRO VALLEY, CALIF. — Berkadia has arranged the $35.5 million sale of The Cedars and Creekside Terrace, two neighboring, value-add multifamily properties located in the Northern California city of Castro Valley. Felson Cos., the original developer, sold the assets to San Francisco-based Prime Residential for $21.4 million and $14.1 million, respectively. Jason Parr, Scott MacDonald and John Hansen of Berkadia San Francisco represented the seller in the deal, while Clay Akiwenzie and Hank Workm
This content is for informational purposes only and does not constitute investment advice. Always consult with qualified professionals before making investment decisions.
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