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California Partnership Pays Record $160 Million for Luxury Apartments in Program To Cut Rents for ‘Missing Middle’

Private Developer Teams With Public Authority To Buy, Convert Properties to Workforce Housing in Anaheim, California
Rents averaging $2,226 a month would be reduced up to 15% for new tenants at Jefferson Platinum Triangle. (Waterford Property Co.)
Rents averaging $2,226 a month would be reduced up to 15% for new tenants at Jefferson Platinum Triangle. (Waterford Property Co.)
CoStar News
February 27, 2021 | 5:28 P.M.

(Corrected March 3 to reflect a market sale price of $360,000 a unit for the region.)

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