LA real estate
fromtherealdeal.com
1 day agoMystery buyer snags two apartment buildings in Brentwood for $46M
A family office purchased two Brentwood apartment buildings for $46.4 million, setting a record price per unit of $760,000.
The just-bought Sunnyvale housing property is at 870 and 874 East El Camino Real in Sunnyvale and was purchased for $76.9 million, according to documents filed on Jan. 9 with the Santa Clara County Recorder's Office. The new owner of the 184-unit Sunnyvale apartment hub is a group affiliated with New Jersey-based PGIM, the global investment management unit of life insurance company Prudential Financial, and Bay Area-based Interstate Equities Corp. The seller of the Sunnyvale residential complex was Singapore-based Mapletree, the county records show.