Kidder Mathews Arranges $21.8M Sale of Two Apartment Properties in Riverside, California
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.
Editorial analysis · Real Estate Trail Editorial
On the RET wire
- Disclosed multifamily deal value tracked in September 2026: $11.6B across 138 reported transactions. All Multifamily coverage →
- 12 stories mentioning Kidder Mathews on the wire in the past 90 days. Kidder Mathews coverage →
Computed from Real Estate Trail’s own tracked coverage
RIVERSIDE, CALIF. — Kidder Mathews has brokered the sale of two adjacent workforce housing properties in Riverside. The 113-unit portfolio traded for $21.3 million, or $192,920 per unit and $244 per square foot. The t…
External link. Real Estate Trail does not republish source content.
Related coverage — Multifamily
MidPen Advances 82-Unit Affordable Complex on City Land in Redwood City’s Inner Harbor
MidPen Housing has filed preliminary plans for an 82-unit affordable apartment complex on a city-owned parcel at 1580 Maple Street, the latest version of a long-gestating Inner Harbor project that has shrunk from 110…
Brookfield, Pacific West Break Ground on 119-Unit Affordable First Phase of 336-Home Fremont Project on Former Wells Fargo Campus
Pacific West Communities has started building a six-story, 119-unit affordable apartment building at 3440 Walnut Ave., the opening phase of Brookfield's 336-home Capital at City Center, a neighborhood that replaces a…
Cobb advances application for Atlanta Road apartment complex
"I got two Maybachs sitting in the handicap" – Gilbert Arenas recalls living in apartment complex while making $16 million
A&C Ventures Revives Downtown Tiburon Housing Push With 127 Workforce Apartments Across Three Sites
Sonoma-based A&C Ventures has filed two SB 330 preliminary applications to replace a shuttered bank branch, a vacant former deli and two surface lots along Tiburon Boulevard with 127 rental homes, 20 of them deed-rest…
Railyards Master Developer LDK Ventures Sees No New Market-Rate Housing Until Around 2029 as Downtown Sacramento Works Through Glut
LDK Ventures chief Denton Kelley told a North State Building Industry Association audience that an oversupplied urban core and lingering rent concessions will likely keep new market-rate apartments out of Sacramento's…