Sac Biz Journal: First Phase of Arden Gateway Apartments Sold for $112.89 Million

The first phase of the largest Sacramento-area apartment complex to be built in several years has sold to a new owner.

Beverly Hills-based real estate investment company Kennedy Wilson acquired The Eisley, the 405 units that make up the first phase of the 737-unit Arden Gateway project in Sacramento northwest of Arden Fair mall, according to an announcement from commercial real estate brokerage CBRE, which arranged a bridge loan on behalf of Kennedy Wilson.

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