{"id":347096,"date":"2026-06-04T22:00:09","date_gmt":"2026-06-04T22:00:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ca\/347096\/"},"modified":"2026-06-04T22:00:09","modified_gmt":"2026-06-04T22:00:09","slug":"joint-venture-buys-336-unit-san-jose-apartment-tower","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ca\/347096\/","title":{"rendered":"Joint venture buys 336-unit San Jose apartment tower"},"content":{"rendered":"<p>Madison Realty Capital has sold The Fay, a 336-unit multifamily tower at 10 E. Reed St. in downtown San Jose, to a joint venture for $175 million, or $520,833 per unit. The buyers are Flow, a residential real estate company started by WeWork co-founder Adam Neumann and Mark Lapidus, and ASJ Development, led by Andrew Jacobson and Gary Dillabough, both of whom are active in downtown San Jose residential development. <\/p>\n","protected":false},"excerpt":{"rendered":"Madison Realty Capital has sold The Fay, a 336-unit multifamily tower at 10 E. Reed St. in downtown&hellip;\n","protected":false},"author":2,"featured_media":347097,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[88,90,89],"class_list":["post-347096","post","type-post","status-publish","format-standard","has-post-thumbnail","category-san-jose","tag-san-jose","tag-san-jose-headlines","tag-san-jose-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/347096","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/comments?post=347096"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/347096\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media\/347097"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media?parent=347096"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/categories?post=347096"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/tags?post=347096"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}