REBusinessOnline

WATERFORD PLACE APARTMENT HOMES FETCHES $79.7 MILLION

DUBLIN, CALIF. — Behringer Harvard Multifamily REIT I has acquired Waterford Place Apartment Homes, a 390-unit luxury apartment community located at 4800 Tassajara Rd. in Dublin, for $79.7 million or $204,358 per unit. Built in 2003, the 350,968-square-foot property features a mix of one- and two-bedroom units, landscaped courtyards, a heated resort-style swimming pool, a recreation room, a state-of-the-art fitness center, a theater, a business center and conference room, controlled access and a four-level parking garage. The seller was Shea Properties’ Waterford Place Apartments. Stanford Jones, Philip Saglimbeni and Salvatore Saglimbeni of Marcus & Millichap represented both parties in the transaction.

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

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