FPA Multifamily Goes Big for San Jose Trio

A local investor has bought three half-century-old apartment buildings in San Jose for $134.8 million. An affiliate of FPA Multifamily, based in San Francisco, bought the Sierrabrook Apartments at 1265 N. Capitol Avenue, the Casa Verde Apartments at 2050 McKee Road, and Pacific Terrace West at 496 Boynton Avenue.