Deals Counterparts

Berkadia negotiates sale of Metro Mission Valley apartment community to GID

Sale Hospitality announced United States Apr 17, 2026

Berkadia, a commercial real estate leader, finalized the sale of Metro Mission Valley, a 305-unit luxury apartment community in San Diego, California, to GID. The property, built in 2018, is located at 5080 Camino del Arroyo and features studio, one-, and two-bedroom units with high-tech amenities such as electronic apartment entry locks and full-height tile backsplashes. Situated near Westfield Mission Valley and Fashion Valley Mall, the community offers immediate access to over 2.8 million square feet of retail and strategic freeway connectivity to 450,000 jobs across San Diego’s employment hubs. The transaction underscores Berkadia’s role in facilitating core-plus multifamily asset sales in high-demand urban markets. GID expands its West Coast multifamily portfolio with this acquisition, targeting high-income rental demand in amenity-rich San Diego neighborhoods.

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Timeline

Announced
Apr 17, 2026
Signed
Closed

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Source

irei.com
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