BlackRock added another multifamily property to its holdings, this time in Ventura County. The Latigo Group sold the Santal Thousand Oaks apartments in Thousand Oaks to an account managed by New York-based BlackRock, L.A. Business First reported. The 142-unit mid-rise property at 299 Thousand Oaks Boulevard went for $83 million, or $584,500 per unit, per Traded. The property is the only multifamily asset delivered in Thousand Oaks in the past 15 years. Just 11 apartment communities have been built in the Ventura County enclave since 1990, according to Newmark Group, which brokered the deal. Jonathan Merhaut, Geoff Boler, Joseph Smolen, […]
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