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Apartment Deal in LA Suburb Becomes California’s Largest This Year

The $300 Million Transaction Is Latest Backed by State Housing Authority
Waterford Property Co. and the California Statewide Communities Development Authority acquired the 507-unit Altana apartment property in Glendale, California. (CoStar)
Waterford Property Co. and the California Statewide Communities Development Authority acquired the 507-unit Altana apartment property in Glendale, California. (CoStar)
CoStar News
May 4, 2021 | 1:59 P.M.

A $300 million Glendale, California, apartment acquisition by investment firm Waterford Property Co. and the California Statewide Communities Development Authority is the largest 2021 multifamily deal by total price in the state.

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