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Meridian at Midtown Sold for $105M
Holland Partner Group just paid $105.3 million for the Meridian at Midtown apartment complex in San Jose — a 218-unit building sandwiched between two major malls — marking a modest but meaningful gain after its 2018 purchase. At over $483,000 per unit, the deal reflects stability in a market where many properties are struggling. While the 1.2% appreciation may seem small, it signals resilience in the South Bay rental scene. With forecasts predicting up to 4.4% rent growth this year and other major deals underway, San Jose’s apartment market is showing signs of life — and investors are taking…
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