Bell Partners has purchased Tam Ridge Residences, a 180-unit apartment community in the San Francisco suburb of Marin County. Acquired on behalf of the company's Bell Core Fund I investors, the community marks Bell Partners' third acquisition in California in 2021 and will be renamed to Bell Mt. Tam.
“The acquisition of Bell Mt. Tam is an exciting addition to our growing West Coast portfolio given its highly desirable location in a supply constrained area and modern apartment finishes,” said Nickolay Bochilo, executive vice president of investments at Bell Partners. "The acquisition of Bell Mt. Tam reflects our focus on finding investments that offer compelling long-term fundamentals and opportunities to enhance and protect value via our operating platform. We are thrilled to become the new steward of this special community for years to come."
Built in 2017, Bell Mt. Tam features six buildings offering a mix of one-, two- and three-bedroom units. Residents enjoy a
