Briarwood-Livermore

Virtu Investments Sells Briarwood Apartments in Livermore, California, for $19.8M

by Lynn Peisner

LIVERMORE, CALIF. — Locally based Virtu Investments has sold Briarwood Apartments in Livermore, 44 miles west of San Francisco. The asset sold for $19.8 million. Marcus & Millichap represented Virtu, arranged a $13.3 million acquisition loan and procured the unnamed buyer. The transaction was one in a three-property portfolio trade. Briarwood Apartments is comprised of 64 units and was built in 1961.

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