CBRE Brokers Sale of Vintage Redlands Apartments
Why this matters
Multifamily has been the most actively underwritten sector through the rate cycle, with cap rate compression resuming in Sun Belt and gateway markets as 2024-2025 deliveries roll off and refinance demand on 2021-vintage bridge loans clears. Transaction velocity is up modestly, concentrated in stabilized Class A and grocery-adjacent garden assets. Allocators continue to favor residential for its income durability and its insulation from secular demand questions that still hang over commercial sectors.
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On the RET wire
- Disclosed multifamily deal value tracked in August 2026: $16.4B across 160 reported transactions. All Multifamily coverage →
- 99 stories mentioning CBRE on the wire in the past 90 days. CBRE coverage →
Computed from Real Estate Trail’s own tracked coverage
CBRE announced the closing of The Kimberly Apartments, a 54-unit multifamily investment at 475 E Cypress Avenue in Redlands, California. Sirott Investments is listed as the owner. Eric Chen and Blake Torgerson exclusi…
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