HUNTINGTON BEACH, CA—One of the few cities in Orange County that is truly categorized as a coastal community, Huntington Beach has a lot to offer multifamily investors, Berkadia‘s senior directors Shane Shafer and Peter Hauser tell Globest.com. As we recently reported, the two negotiated the sale closed of Artisan Apartments, a 277-unit multifamily property at 15555 Huntington Village Lane here, for $87.5 million. The seller was Kennedy Wilson and the buyer was Domino Realty Management Co. Inc., both based in Beverly Hills. We spoke exclusively with Shafer and Hauser about the multifamily market here and what makes it special.

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