Seattle-based Security Properties acquired the 118-unit Monte Vista Senior Apartments located in San Jose, Califronia, in an investment partnership with Pacific Life Insurance and Hearthstone Housing Foundation for $41.25 million or nearly $350,000 per unit.
Security Properties Buys Monte Vista Senior Apartments in San Jose
The Mogharebi Group Arranges $41.25 Million Sale of 118 Units for ROEM Development
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IN THIS ARTICLE
- Properties
- Monte Vista Senior I
2605 La Hacienda Ct, San Jose, CA
- Monte Vista Senior II
2600 Nuestra Castillo Ct, San Jose, CA
- Companies
- Security Properties, Inc.
Real Estate
- Pacific Life Insurance Company
Finance and Insurance
- Hearthstone Housing Foundation
Services
- ROEM Development Corporation
Construction
- The Mogharebi Group
Finance and Insurance
- Contacts
- Otto Ozen
Executive Vice President, The Mogharebi Group
- Alex Mogharebi
President, The Mogharebi Group