10Y UST4.73%+1.28%30Y MTG6.66%+0.15%SOFR3.68%+0.82%VNQ$96.41-0.03%XLRE$44.08-0.06%FED FUNDS3.63%
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REBusiness Online · Multifamily

Northmarq Arranges $23.5M Sale of Two-Property Multifamily Portfolio in Northern California

Via REBusiness Online · September 1, 2026
Compiled by Real Estate Trail Editorial · September 1, 2026

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

Computed from Real Estate Trail’s own tracked coverage

Excerpt from REBusiness Online:
UKIAH, CALIF. — Northmarq has arranged the $23.5 million sale of a two-property apartment portfolio in Ukiah. Ridge Capital Investments sold the portfolio to an undisclosed buyer. Totaling 121 units, the portfolio inc…
Read the full article at REBusiness Online

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