REBusinessOnline

Reliant Group Buys Bay Area Apartment Portfolio for $116M

SAN FRANCISCO — San Francisco-based Reliant Group Management has acquired a seven-property multifamily portfolio from a private seller for $116 million. Consisting of 603 units, the communities are located in Napa, Vallejo, Hercules, Antioch, Dublin and Hayward.

Richard Knutson, Anthony Pappageorge, Zach LeBeouf and Will Thomas of Newmark Knight Frank Oakland represented the seller in the deal. Additional details of the transaction were not disclosed.

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