The Real Deal Rockwood Capital has paid $66 million, or $660,000/unit, for the Arroyo Residences, a 100-unit apartment property in Walnut Creek, Calif. The San Francisco investment manager purchased the property from Northwestern Mutual Real Estate, which had acquired it in 2015 for $37.8 million. NAI Norcal brokered the deal. The Arroyo, at 1250 Arroyo […]

The post Walnut Creek, Calif., Apartment Property Sells for $66Mln appeared first on Commercial Real Estate Direct.