{"id":453823,"date":"2026-09-04T22:42:09","date_gmt":"2026-09-04T22:42:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ca\/453823\/"},"modified":"2026-09-04T22:42:09","modified_gmt":"2026-09-04T22:42:09","slug":"mbk-sells-anaheim-apartments-to-ta-realty-for-147m","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ca\/453823\/","title":{"rendered":"MBK Sells Anaheim Apartments To TA Realty For $147M"},"content":{"rendered":"

\"Street<\/p>\n

Zia apartments in Anaheim, California<\/p>\n

MBK Rental Living<\/a> sold its 2-year-old Zia apartment complex in Anaheim, California, the company announced Friday<\/a>. <\/p>\n

The buyer was Boston-based TA Realty<\/a>, which paid $147.5M for the property, according to The Registry SoCal<\/a>. MBK’s release did not name the buyer or a sale price. TA Realty declined a request for comment from Bisnow. <\/p>\n

The five-story, 315-unit Zia opened in September 2024 and contains a mix of studios and one-, two- and three-bedroom apartments ranging from approximately 600 SF to 1,900 SF.<\/p>\n

The complex at 1600 W. Lincoln Ave. was developed as a joint venture of MBK Rental Living and Haseko Corp. <\/p>\n

Orange County’s multifamily vacancy rate remained stable in the second quarter at 4.6%, the same rate as in Q1 2026, according to a Q2 2026 report from Northmarq<\/a>. The median sale price year-to-date was roughly $326K per unit, a 6% increase from the same period in 2025. The Zia transaction works out to $468K per unit, well above the market’s median. <\/p>\n

The second quarter’s biggest multifamily sale was Eagle Real Estate Partners\u2019 acquisition of the 402-unit Crystal View Apartments in Garden Grove, which traded for $132.5M<\/a>.<\/p>\n

Cushman & Wakefield’s Marc Renard, Morgan Jackson, Manfred Schaub and Joyce Bee arranged the transaction on behalf of MBK.<\/p>\n

Earlier this week, a Tishman Speyer<\/a> fund bought Rise, a 380-unit apartment complex in Anaheim. Details of the acquisition were not shared, but Tishman used an $88M Freddie Mac loan in the process, The Real Deal reported<\/a>. <\/p>\n","protected":false},"excerpt":{"rendered":"Zia apartments in Anaheim, California MBK Rental Living sold its 2-year-old Zia apartment complex in Anaheim, California, the…\n","protected":false},"author":2,"featured_media":453824,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[36],"tags":[163,165,164,3717,178876,179276],"class_list":["post-453823","post","type-post","status-publish","format-standard","has-post-thumbnail","category-anaheim","tag-anaheim","tag-anaheim-headlines","tag-anaheim-news","tag-los-angeles-multifamily","tag-mbk-rental-living","tag-ta-realty"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/453823","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=453823"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/453823\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media\/453824"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media?parent=453823"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/categories?post=453823"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/tags?post=453823"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}