SummerHill Apartment Communities sells Prado Apartments for $125m

SummerHill Apartment Communities sells Prado Apartments for $125m

In a significant real estate transaction, SummerHill Apartment Communities announced it has completed the sale of Prado Apartments, a prime 251-unit transit-oriented multifamily community in Santa Clara, California, for $125 million. This deal, recorded on February 27, 2024, saw the property changing hands from SummerHill to PCCP, based in San Francisco, California, and Alliance Residential […]