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Cityview gears up for apartment spending spree with executive hire

Firm sees current market as best buying opportunity since Great Recession
Tralee Village Apartments, a 130-unit complex built in 2008, was recently purchased by Los Angeles-based Cityview for $46 million as it looks to expand its portfolio in what it sees as a favorably buying cycle. (CoStar)
Tralee Village Apartments, a 130-unit complex built in 2008, was recently purchased by Los Angeles-based Cityview for $46 million as it looks to expand its portfolio in what it sees as a favorably buying cycle. (CoStar)
CoStar News
October 25, 2024 | 8:53 P.M.

Multifamily firm Cityview is the latest apartment owner gearing up for a spending spree with the appointment of a new chief investment officer to guide deals during a period of strong demand in the sector that has driven down vacancy rates and begun to expand rent prices for the first time in two years.

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