REBusinessOnline

MARCUS & MILLICHAP BROKERS SALE OF KULA KAI APARTMENTS

FOSTER CITY, CALIF. — Tom Doglio of Marcus & Millichap’s Palo Alto, Calif., office represented both parties in the sale and acquisition of Kula Kai Apartments in Foster City. Located at 808 Comet Dr., the 37,641-square-foot, 42-unit community offers a mix of studio, one- and two-bedroom units. Community amenities include a private, gated swimming pool, on-site laundry facilities, a sauna, a private courtyard and covered parking. Freddie Mac provided acquisition financing for the transaction. Additional details of the transaction were not disclosed.

Content Partners
‣ Arbor Realty Trust
‣ Bohler
‣ Lee & Associates
‣ Lument
‣ NAI Global
‣ Northmarq
‣ Pavlov Media
‣ Walker & Dunlop

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