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San Jose multifamily sales surge as investors bid for premium properties

Total sales of $3.2 billion in the past year are the highest on record
CoStar Analytics
March 5, 2026 | 10:53 P.M.

San Jose’s multifamily investment market entered 2026 with strong acquisition activity continuing from 2025. Elevated sales activity last year was supported by improving renter demand, tight supply and the region’s strong tech‑driven fundamentals. In early 2026, investors continue to pursue best‑in‑class properties.

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News | San Jose multifamily sales surge as investors bid for premium properties