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Home Finance GL Capital Partners Pays $80MM for Green Cities’ 230-Unit Gema Apartments on San Diego’s Cortez Hill
FinanceIndustry NewsResidentialSan Diego

GL Capital Partners Pays $80MM for Green Cities’ 230-Unit Gema Apartments on San Diego’s Cortez Hill

October 27, 20263 Mins read240
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Pleasanton-based GL Capital Partners has bought Gema, a 230-unit apartment community on downtown San Diego's Cortez Hill, from The Green Cities Company for $80 million, a price that made it the county's largest multifamily trade of the third quarter and set its per-unit value well above the market average.

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