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Courtyard Plaza Last month, Community Preservation also acquired 100% affordable Courtyard Plaza apartments.

SAN JOSE, CA—Among the counties with a population of at least 1 million, Santa Clara County, specifically San Jose, has recorded the largest annual increase in rent (9.3% from 2015 to 2016), according to RealtyTrac’s 2016 Rental Affordability Analysis. As Bay Area residents struggle with rising rents, Community Preservation Partners and Jamboree Housing have closed a $53 million joint venture to protect affordability for the next 55 years at the 144-unit Monte Vista Gardens apartments.

Lisa Brown

Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.

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