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Behringer Harvard JV Buys East Bay Multifamily for $80M

Waterford Place in Dublin, CA, Changes Hands
By Adam Test
September 9, 2009 | 6:47 P.M.

Behringer Harvard Multifamily REIT I and PGGM Private Real Estate Fund, a vehicle for real estate investments for large Dutch pension funds, partnered to purchased an apartment complex at 4800 Tassajara Road in Dublin, CA, from Waterford Place Apartments LLC for $79.7 million, or about $204,000 per unit. The BH fund holds a majority interest in the asset.

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News | Behringer Harvard JV Buys East Bay Multifamily for $80M