Newswire Mann Report

Cityview and Greystar Sell Silicon Valley Multifamily Project

Elan Mountain View (Photo courtesy of Citiview)

Multifamily investment management and development firm Citiview and global real estate firm Greystar have sold a 164-unit mixed-use project in Mountain View, California. Elan Mountain View features a prime corner location at 1030 Castro St. in the heart of Downtown Mountain View as well as 11,000 square feet of fully occupied ground-floor retail space.

“With its ideal location, ample amenities and unique retail offerings, Elan Mountain View has been extremely well received by residents and the surrounding community,” said Sean Burton, CEO of Cityview. “It’s been a pleasure to partner with Greystar on this property and we look forward to seeing its continued success.”

The community features studio, one-, two- and three-bedroom floorplans that include smart thermostats, keyless entry, quartz countertops, modern cabinetry, full tile kitchen backsplashes, wood vinyl plank flooring, stainless steel appliances and full-size washers and dryers. Select units feature street level walk-up entrances as well as private patios and balconies.

Elan Mountain View features extensive amenities, including a fully equipped fitness center, two-level club room that includes a billiards table and chef’s kitchen, hammock lounge, edible garden pathway, private business center and a courtyard with lounge seating, an outdoor kitchen, fireplaces and a fruit garden. The property also offers 164 storage units to residents and secured access parking.

Cityview and Greystar originally broke ground on the development in 2016 and completed construction in 2018.