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Investors team up with affordable housing nonprofit to buy San Francisco Bay Area complex

San Leandro complex is latest multifamily property to change hands in area
The 186-unit Woodchase Apartment Homes in San Leandro sold for $47.4 million. (CoStar)
The 186-unit Woodchase Apartment Homes in San Leandro sold for $47.4 million. (CoStar)
CoStar News
December 19, 2025 | 1:20 AM

An affordable housing nonprofit backed by a pair of San Francisco investment firms purchased an apartment complex in a former Bay Area manufacturing town, marking the latest in a flurry of acquisitions as the region's apartment market heats up in response to the AI boom.

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News | Investors team up with affordable housing nonprofit to buy San Francisco Bay Area complex