/

|

Walker & Dunlop, Inc. announced today that it arranged the $167,000,000 sale of Millennium PQ, a trophy suburban core multifamily community comprising 331 units in Rancho Penasquitos, one of San Diego’s most sought-after neighborhoods. This sale marks the largest suburban core transaction and second-largest single-asset transaction in California, as well as the fifth largest nationwide in 2024. The purchase price translates to an impressive $504,532 per unit. The Walker & Dunlop Investment Sales team, led by Hunter Combs, represented the seller, The Dinerstein Companies, and the buyer, GID Real Estate Investments.