Sentinel Real Estate Corp. has acquired Nova at Green Valley Apartments, a recently completed 281-unit mid-rise apartment community in Fairfield, Calif.
Sentinel purchased the property from the sponsor, The Spanos Corporation, a developer of multifamily communities across the United States. Nova at Green Valley represented the opportunity for Sentinel to acquire a well-located, newly-built property in a desirable and highly supply-constrained submarket.
Nova at Green Valley Apartments is located within the 132-acre Green Valley Corporate Park, which Spanos was successful in rezoning to allow for multifamily in addition to the commercial uses it had previously been zoned for. The property is also close to the interchange of Interstates 80 and 680, giving residents direct access to employment and recreation throughout the Bay Area, including Vallejo, Downtown Napa, Concord, Walnut Creek, San Francisco and Sacramento. Additionally, Nova at Green Valley is within the highl
