{"id":2705,"date":"2021-02-05T09:08:00","date_gmt":"2021-02-05T17:08:00","guid":{"rendered":"https:\/\/sv-real-estate.com\/redwood-city\/?p=2705"},"modified":"2021-02-05T09:08:19","modified_gmt":"2021-02-05T17:08:19","slug":"redwood-city-apartment-building-prices-continue-to-climb","status":"publish","type":"post","link":"https:\/\/sv-real-estate.com\/redwood-city\/redwood-city-apartment-building-prices-continue-to-climb\/","title":{"rendered":"Redwood City Apartment Building Prices Continue to Climb"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Although large real estate investor\/developer purchases don&#8217;t closely match individual homeowner purchases, the prices eventually track each other. The recent purchase of a luxury apartment complex in <a href=\"https:\/\/julianalee.com\/redwood-city.htm\">Redwood City<\/a> called the Encore set a <strong>new high record price-per-unit<\/strong> of $816,666.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Large investors are still seeing increasing values for apartments in Silicon Valley. View <a href=\"https:\/\/julianalee.com\/redwood-city\/redwood-city-statistics.htm\">Redwood City real estate trends<\/a> for houses, townhouses, and condos.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Previous apartment complex sales have been:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>November 2019, $814,285 per-unit for 175 units, sold by Greystar.<\/li><li>June 2019, $810,000 per-unit for 402 units, sold by Paul&#8217;s Corporation and Fortress Investment Group.<\/li><li>June 2016, $700,000 per-unit for 305 units, sold by Greystar Franklin.<\/li><li>March 2015, $595,744 per-unit for 141 units, sold by SummerHill Apartment Communities.<\/li><li>May 2014, $628,787 per-unit for 132 units, sold by Sares Regis.<\/li><\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Although large real estate investor\/developer purchases don&#8217;t closely match individual homeowner purchases, the prices eventually track each other. The recent purchase of a luxury apartment complex in Redwood City called the Encore set a new high record price-per-unit of $816,666. Large investors are still seeing increasing values for apartments in Silicon Valley. View Redwood City [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[3],"tags":[2],"class_list":["post-2705","post","type-post","status-publish","format-standard","category-real-estate-trends","tag-redwood-city-apartments","entry"],"_links":{"self":[{"href":"https:\/\/sv-real-estate.com\/redwood-city\/wp-json\/wp\/v2\/posts\/2705","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sv-real-estate.com\/redwood-city\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sv-real-estate.com\/redwood-city\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sv-real-estate.com\/redwood-city\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sv-real-estate.com\/redwood-city\/wp-json\/wp\/v2\/comments?post=2705"}],"version-history":[{"count":1,"href":"https:\/\/sv-real-estate.com\/redwood-city\/wp-json\/wp\/v2\/posts\/2705\/revisions"}],"predecessor-version":[{"id":2706,"href":"https:\/\/sv-real-estate.com\/redwood-city\/wp-json\/wp\/v2\/posts\/2705\/revisions\/2706"}],"wp:attachment":[{"href":"https:\/\/sv-real-estate.com\/redwood-city\/wp-json\/wp\/v2\/media?parent=2705"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sv-real-estate.com\/redwood-city\/wp-json\/wp\/v2\/categories?post=2705"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sv-real-estate.com\/redwood-city\/wp-json\/wp\/v2\/tags?post=2705"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}