An affordable housing nonprofit backed by a pair of San Francisco investment firms purchased an apartment complex in the greater Santa Barbara, California, area, where officials and developers are looking to lower housing costs.
Investors buy Santa Barbara apartments in latest move to boost area’s affordability
Santa Maria multifamily property to become mostly affordable housing
CoStar News
February 19, 2026 | 7:58 P.M.
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IN THIS ARTICLE
- Properties
- Hancock Terrace Apartments
534 Boone St, Santa Maria, CA
- Companies
- Sack Capital Partners
Real Estate
- Contacts
- Jeff Smith
President & Chief Financial Officer, Sack Capital Partners