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: $8.8B across 110 reported transactions. All Multifamily coverage →
- 11 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
NEPCG Negotiates $14.3M Sale of Hartford Multifamily Portfolio
HARTFORD, CONN. — Regional brokerage firm Northeast Private Client Group (NEPCG) has negotiated the $14.3 million sale of a portfolio of 23 multifamily properties totaling 167 units in Hartford. Known as the West End…
Marcus & Millichap Brokers $4M Sale of Apartment Building in Kearny, New Jersey
KEARNY, N.J. — Marcus & Millichap has brokered the $4 million sale of Helena Arms, a 17-unit apartment building in the Northern New Jersey community of Kearny. The three-story building was constructed in 1969 and hous…
Vista International Sells Molokai Apartments in San Diego for $11.2M
SAN DIEGO — Marcus & Millichap has arranged the $11.2 million sale of The Molokai Apartments, a 39-unit property in San Diego. Austin Ray Huffman and Chris Zorbas, of the Zorbas Huffman Group based out of Marcus & Mil…