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Apartment complex near San Francisco changes hands for $225 million

California real estate firms scoop up multifamily development as rents steadily rise
Amenities at the Bella Vista at Hilltop apartments in Richmond, California, include swimming pools, Jacuzzis, tennis courts and a fitness center. (CoStar)
Amenities at the Bella Vista at Hilltop apartments in Richmond, California, include swimming pools, Jacuzzis, tennis courts and a fitness center. (CoStar)
CoStar News
July 14, 2025 | 7:35 P.M.

Two California real estate firms have paid $225 million for a massive apartment complex in one of the more affordable residential areas near San Francisco.

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