Urban Catalyst launches new fund focused on development of San Jose apartment project

Urban Catalyst, a real estate fund manager and developer based in San Jose, has launched a new fund, UC Multifamily Equity I (UCME).

UCME focuses on the development of a 272-unit luxury apartment building named Aquino. Located within walking distance of downtown San Jose’s western edge, Aquino is next to the site of Google’s planned Downtown West campus and within walking distance of the SAP Center and Diridon Station, one of the West Coast’s busiest transit hubs. The project is fully entitled and approved for multifamily construction.

Aquino will consist of studio and one-, two- and three-bedroom units with stainless steel appliances, quartz countertops, electric ranges and air conditioning. Residents will have access to private co-working offices, a bar and lounge, a fitness center with a yoga studio, a dog run an