CBRE successfully facilitated the sale of two multifamily rental communities in Anaheim, totaling 20 units and exceeding $5.5 million in value. The first transaction involved the sale of two six-plex buildings, comprising a total of 12 units, for $2.92 million on West Fay Lane. CBRE’s EVP Dan Blackwell led the deal with support from senior associate Andrew Boukather and associate Amanda Fielder.
The buyer was an Orange County-based client who has previously worked with CBRE VP Sean Farag on other deals. The seller was a private investor also based in Orange County.
In another successful transaction, Blackwell, Boukather and Farag represented a repeat buyer in their acquisition of two four-plex buildings totaling eight units for $2.58 million on South Kroeger Street in Anaheim.The seller was based out of San Diego County while the buyer hailed from Orange County.
This achievement showcases CBRE’s expertise and strong relationships within both local markets as well as its ability to facilitate successful transactions between private investors seeking to expand their portfolios within Southern California.
