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| Adam Levin |
“Levin Johnston Group specializes in services that are
far beyond transactional.
"We truly are wealth and investment advisors for our
clients, and our track record attests to our results,” states Adam Levin, Senior Managing Director of
Levin Johnston Group.
“With an in-depth knowledge of the Bay Area market, we
are able to help our clients identify secure investments that deliver strong
returns for the long term.”
Levin notes that employment fundamentals, both in numbers
and in average salaries, has played a prominent role in the active multifamily
investment market in Silicon Valley.
“We are fortunate to specialize in a market so close to
major companies such as Apple, Google and Amazon, as well as many other firms
that share the same talent pool and employee lifestyle sensibilities,” notes Robert Johnston, Senior Vice President
of Levin Johnston Group. “By tapping into the potential of this market and
navigating local nuances, we are able to support our Clients in leveraging the
strength of this market and achieving strong value creation in their
investments.”
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| Robert Johnston |
The 17 multifamily transactions Levin Johnston Group has
directed include:
Arbordale Gardens
Apartments
Levin Johnston represented the buyer and the seller, both
private owners, in this $27,750,000 transaction. This multifamily property
consists of 72 units and is located just 2.3 miles from the TESLA Headquarters
with tremendous upside potential in rental income. Arbordale Gardens Apartments
is located at 42010 Blacow Road in Fremont, California.
The Bungalows at
Mathilda
Levin Johnston successfully directed the $26 million sale
of this 68-unit multifamily property on behalf of both the buyer and the
seller, both of which are private owners. This property is in close proximity
to the Microsoft headquarters as well as other large tech companies. The
Bungalows at Mathilda is located at 126 W. Ahwanee Avenue in Sunnyvale,
California.
Colony Manor
The $18.6 million sale of this 40-unit multifamily asset
was directed by Levin Johnston on behalf of the buyer and seller. This site is
located at 1660 Hollenbeck Avenue in Sunnyvale, California.
Mosaic Apartments
Levin Johnston completed the $15.9 million sale of this
41-unit multifamily property on behalf of the buyer and the seller, both
private owners. The Mosaic Apartments is located at 1660 Gordon Street in
Redwood City, California.
Levin Johnston represented the seller in the $15.6
million disposition of this 37-unit multifamily property in the core of Silicon
Valley. This site is located at 1090 Sunnyvale Saratoga Road in Sunnyvale,
California.
Village Drive Apartments
The Village Drive Apartments consists of 30 units located
near major highways and interstates as well as the Caltrain station. Levin
Johnston represented the buyer, a private owner, in this $15.2 million
acquisition. The property is located at 1100-1114 Village Drive in Belmont,
California.
Bonanza Apartments
Levin Johnston represented both the buyer and seller in
this $14 million deal. This 52-unit apartment community is located just one
mile from the Alameda Ferry Terminal at 430-450 Buena Vista Avenue in Alameda,
California.
Calaveras and
Adams
This 32-unit portfolio was sold at $11,050,000. Levin
Johnston represented a private owner as the seller. The site is located at 1559
E. Calaveras Boulevard in Milpitas, California – in close proximity to the new
BART station.
2.75-acre Land
Sale in Fremont
This $11 million transaction was directed by Levin
Johnston Group on behalf of the buyer and the seller, both of which are private
owners. This 2.75 acre land site is located at 3515 Walnut Avenue in Fremont,
California.
This 30-unit multifamily property sits just one mile from
two major highways and is in walking distance to various downtown amenities.
The $10.6 million acquisition was directed by Levin Johnston on behalf of the
buyer and is located at 101 Glen Eyrie in San Jose, California.
Sol @ Campbell
Levin Johnston Group successfully completed this $10
million transaction on behalf of the buyer and seller. This 26-unit property is
located in the heart of Silicon Valley at 350 Dunster Drive in Campbell,
California.
67-Unit Portfolio
in Santa Clara
Levin Johnston has also completed the transaction of a
67-unit portfolio in Santa Clara, California totaling $24.9 million. The
portfolio consists of four separate multifamily properties near major employers
including Apple, Microsoft, Intel and Amazon. Levin Johnston represented the
buyer, a private investor, and the seller, a private owner in this deal. The
properties are located at 1962 Bellomy Street, 1972 Bellomy Street, 1978
Bellomy Street and 470 California Street in Santa Clara, California.
Levin Johnston successfully directed the acquisition of a
20-unit multifamily property near Downtown San Mateo. Located at 131 Elm
Street, the property was acquired by a private owner for a total of $9.3
million. Levin Johnston represented the buyer in this transaction.
Villa Fairlane
Levin Johnston completed the transaction of a 35-unit
multifamily property situated on 0.82 acres of land for $9,050,000. Levin
Johnston represented both the buyer and the seller in this deal. The property is located at 264 La Pala Drive
in San Jose, California.
Delano Apartments
Located next door to Villa Fairlane, 35-unit Delano
Apartments also sold for $9,050,000. Levin Johnston Group represented both the
buyer and the seller in the transaction. The property is located at 272 LA Pala
Drive in San Jose, California.
Levin Johnston Group directed the sale of a 20-unit
multifamily property for $8.2 million. Levin Johnston represented the seller, a
private family partnership, in this transaction. The building is located at 500
Chiquita Avenue in Mountain View, California – in close proximity to major
employers such as Google and LinkedIn.
Hayward
Disposition
Levin Johnston successfully directed the $1.4 million
disposition of an 8-unit multifamily property with tremendous value-add
potential. Located at 22242 Western Boulevard in Hayward, the site is in
walking distance to both Downtown Hayward and the local BART station.
For more
information on this release, please contact:
Jordan Kruk / Jenn Quader
Brower, Miller & Cole
(949) 955-7940
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