San Francisco – September 29, 2026 – Berkadia, a distinguished leader in the commercial real estate sector, announces that it arranged the $78 million sale of Bridges at San Ramon, a 200-unit multifamily community located in San Ramon, California, a preferred locale within the Tri-Valley region. The transaction equated to $390,000 per unit.
Senior Managing Director Jason Parr, Managing Director Scott MacDonald, Associate Sydney Ladrech, and Director John Hansen of Berkadia San Francisco arranged the sale on behalf of the seller. TruAmerica Multifamily acquired the property.
“Bridges at San Ramon offered a rare chance to acquire a value-add asset in one of the Bay Area’s most desirable submarkets, while capitalizing on the market’s nation-leading apartment momentum,” said Parr. “The property is adjacent to the East Bay’s most dynamic retail and employment hub, Bishop Ranch, and hadn’t come to market in 15 years. That scarcity drove significant investor interest and a highly competitive bidding process.”