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San Francisco Investor Pays Hefty Premium To Extend Multifamily Portfolio to Affluent Bay Area Suburb

Prime Group’s Latest Acquisition Proves Resiliency of Flight-to-Suburbs Trend
Real estate investment firm Prime Group acquired the 455-unit Skylark Apartments in Larkspur, California, an affluent San Francisco suburb. (CoStar)
Real estate investment firm Prime Group acquired the 455-unit Skylark Apartments in Larkspur, California, an affluent San Francisco suburb. (CoStar)
CoStar News
March 4, 2022 | 12:15 AM

One of Marin County's largest multifamily properties has traded for a record-high price as investors' eagerness to plant a stake in the Bay Area's affluent suburbs fuels deals.

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