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Virginia Investor Builds Out Silicon Valley Multifamily Portfolio With Nearly $55 Million Acquisition

Klingbeil Capital Management Closes on Ninth Bay Area Property With San Jose Deal
Virginia multifamily investment firm Klingbeil Capital Management acquired the Via Reggio Apartments complex in San Jose, California. (CoStar)
Virginia multifamily investment firm Klingbeil Capital Management acquired the Via Reggio Apartments complex in San Jose, California. (CoStar)
CoStar News
August 1, 2022 | 10:04 P.M.

A Virginia investment firm eager to deepen its roots in the Silicon Valley multifamily market has acquired another property in the region as rents in the area increase at double-digit rates for the first time since the onset of the pandemic.

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