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Read Investments Spends $32MM on 98-Unit Higby in Berkeley - The Registry

Summary by The Registry

A prominent Berkeley apartment complex has changed hands at a significantly reduced price following a foreclosure, underscoring the ongoing struggles in the East Bay’s multifamily housing market. The Higby, a 98-unit, five-story building located at 3015 San Pablo Avenue, was recently purchased for $32 million, or approximately $326,530 per unit, by Berkeley-based Read Investments, a […] The post Read Investments Spends $32MM on 98-Unit Higby in …

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Read Investments Spends $32MM on 98-Unit Higby in Berkeley - The Registry

A prominent Berkeley apartment complex has changed hands at a significantly reduced price following a foreclosure, underscoring the ongoing struggles in the East Bay’s multifamily housing market. The Higby, a 98-unit, five-story building located at 3015 San Pablo Avenue, was recently purchased for $32 million, or approximately $326,530 per unit, by Berkeley-based Read Investments, a […] The post Read Investments Spends $32MM on 98-Unit Higby in …

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The Registry broke the news in 2 days ago on Friday, February 21, 2025.

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