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The Villages at Cupertino, a 448-unit community in Cupertino, Calif., has changed hands. Rockpoint Group acquired the Bay Area asset for $207.2 million, according to The Registry, and took out a $182.1 million loan from Husky Finco.

Koret Foundation was the previous owner, Yardi Matrix information shows. In 2023, the firm purchased the 110-unit Valley Green II Apartments for $50.1 million and merged the asset with the company’s adjacent property, rebranding them as one community under the Villages at Cupertino name.