SAN JOSE, CA-Pacific Urban Residential,formerly Pacific Property Co., in partnership witha “strategic investor” has acquired Livorno SquareApartments here. Constructed as a 50-unit for sale luxurycondominium complex, the Livorno Square condominiums was completedjust as the bottom fell out of the residential market.
Although further details such as acquisition price etc. couldnot be disclosed to GlobeSt.com at this time, we learn that theowner of the community stopped selling the condos and startedrenting the units as apartments. Todd Vitzthum,Rawley Nielsen and Simon Herrmannof CBRE represented the transaction.
Livorno Square Apartment Homes is a luxury rental apartmentcommunity, located in the Silicon Valley rental market. Theproperty is situated within walking distance of the high endSantana Row shopping center and is proximate to the center of thearea’s technology employment base. Property amenities include aresort quality swimming pool, barbecue area, fitness center andsubterranean secured parking. Apartment homes feature granitecountertops, stainless steel appliances and oversized windows.
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Natalie Dolce
Natalie Dolce, editor-in-chief of GlobeSt.com and GlobeSt. Real Estate Forum, is responsible for working with editorial staff, freelancers and senior management to help plan the overarching vision that encompasses GlobeSt.com, including short-term and long-term goals for the website, how content integrates through the company’s other product lines and the overall quality of content. Previously she served as national executive editor and editor of the West Coast region for GlobeSt.com and Real Estate Forum, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for GlobeSt.com. Her background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for M magazine, Arthur Frommer's Budget Travel, FashionLedge.com, and Co-Ed magazine. Dolce has also freelanced for a number of publications, including MSNBC.com and Museums New York magazine.
