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Oakwood Worldwide Secures $70 Million Multifamily Investment in Sunnyvale

Adds 184-Unit Apartment to Global Portfolio
By Eric Kies
September 9, 2014 | 1:24 P.M.

The multi-billion joint venture comprised of Oakwood Worldwide and Singapore-based Mapletree Group acquired its first Oakwood-branded property with the purchase of the Oakwood Silicon Valley Apts. at 870-874 E. El Camino Real in Sunnyvale, CA for $70 million, or approximately $380,000 per unit.

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