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Silicon Valley Investor Bulks Up $8 Billion Multifamily Portfolio With Pricey Acquisition in East Bay Suburb

Pacific Urban Investors Closes on $127 Million Deal for Apartment Complex in Fremont
Pacific Urban Investors has paid $127 million for the Pathfinder Village apartment complex in the Bay Area suburb of Fremont, California. (CoStar)
Pacific Urban Investors has paid $127 million for the Pathfinder Village apartment complex in the Bay Area suburb of Fremont, California. (CoStar)
CoStar News
May 11, 2022 | 7:59 P.M.

The pandemic-induced influx of renters to suburbs across the country has fed investor appetite for multifamily acquisitions in some previously overlooked markets. For one buyer chasing suburban Silicon Valley eals, that has meant pushing pricing to unprecedented levels.

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