Acquiring Company
Jonathan Rose Companies
Acquired Company
La Posada Apartments
New YorkCaliforniaReal EstateReal Estate InvestmentHospitalityReal EstateHospitalityNon ProfitCommunitiesDescription
On Oct. 1, Jonathan Rose Companies announced the purchase of La Posada Apartments, a 150-unit mixed-income community in Santa Cruz, California, for $85 million. This acquisition is part of their initiative under the Rose Affordable Housing Preservation Fund VI. It marks the firm's second buy in Santa Cruz and their ninth acquisition overall. The property had been owned by the original developers since 1980.
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Frequently asked
Who acquired La Posada Apartments?
La Posada Apartments was acquired by Jonathan Rose Companies, based in New York. The deal was reported on October 5, 2026. Jonathan Rose Companies is a leading real estate investment and development firm focused on affordable housing. The company specializes in creating and preserving sustainable communities across the United States. Jonathan Rose Companies is privately held and operates in Real Estate.
When did Jonathan Rose Companies acquire La Posada Apartments?
Jonathan Rose Companies's acquisition of La Posada Apartments was reported on October 5, 2026. On Oct. 1, Jonathan Rose Companies announced the purchase of La Posada Apartments, a 150-unit mixed-income community in Santa Cruz, California, for $85 million. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does La Posada Apartments do?
La Posada Apartments is a mixed-income community located in Santa Cruz, California. It features 150 units designed for affordable living, including amenities for families. The community includes a small elementary school to serve its residents. It is privately held, operating in Real Estate, and is based in California.
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