Monday, February 8, 2016

Trion Properties Acquires Two Value-Add Multifamily Properties in Heart of San Francisco’s East Bay Area

San Francisco Bay Area
Los Angeles, CA (Feb. 8, 2016) – Trion Properties, a Los Angeles-based boutique private equity firm that specializes in opportunistic real estate investments along the west coast, has acquired two value-add multifamily assets in the East Bay, the most highly populated region of San Francisco’s Bay Area.

The two acquisitions, a 30-unit apartment community in Hayward, California and a 38-unit complex in San Leandro, California, add $13.58 million to Trion Properties’ portfolio of more than $100 million in assets under management.

“Sourcing two value-add properties in these prime East Bay locations demonstrates our ability to add outstanding opportunistic assets to our existing investment portfolio,” explains Farhan Mahmood, Director of Acquisitions at Trion Properties.

“Situated within close proximity to the Silicon Valley, San Francisco, and Oakland job markets, these apartment communities provide easy access to thousands of jobs for renters who are being pushed out of the central Bay Area due to high rents.”

For a complete copy of the company’s news release, please contact:

Katie Kea / Judy Brower
Brower, Miller & Cole
(949) 955-7940


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