Campbell Multifamily listings

I’m seeing lot of multi-family listings in campbell by the same seller. Anyone know notice the same? Campbell doesn’t have rent control currently. Wondering why they are getting out of that portfolio.

Entire California is coming under rent control soon…

A number of multifamily(24) totaling $102M were purchased by a corporation.

Were they purchased by the corp recently?

around 2018 ish. Mostly around Campbell area.

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