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Silicon Valley Apartment Complex Sidesteps Economic Worries To Land Nearly $94 Million Price Tag

JRK Property Holdings Closes Deal To Acquire Newly Constructed Property in San Jose, California
San Diego-based Fairfield Residential finished construction on the 301-unit Duo Apartments in San Jose, California, at the height of the pandemic in 2020. (CoStar)
San Diego-based Fairfield Residential finished construction on the 301-unit Duo Apartments in San Jose, California, at the height of the pandemic in 2020. (CoStar)
CoStar News
August 23, 2023 | 7:49 P.M.

The combination of Silicon Valley's strong tech ecosystem and affluent demographics is proving to be a winning one for investors willing to set aside any financing or economic concerns to strengthen their grip on the region's multifamily market.

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