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Apartment Sale Signals Long-Term Investor Interest in Oakland

Institutional Investor Acquires 75-Unit Complex Despite Coronavirus Concerns
The 75-unit Vue de Lac apartment complex in Oakland, California, has been sold to an institutional investor with a long-term gameplan. (CoStar)
The 75-unit Vue de Lac apartment complex in Oakland, California, has been sold to an institutional investor with a long-term gameplan. (CoStar)
CoStar News
March 26, 2020 | 1:28 P.M.

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Some investors are still scooping up stabilized multifamily properties in prime, high-demand regions, as evidenced by the latest sale of a rent-controlled complex in Oakland, California.

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News | Apartment Sale Signals Long-Term Investor Interest in Oakland