(February 5, 2026 – Chicago, IL) –<\/b> Waterton<\/a>, a national real estate investor and operator, today announced it will expand its presence in Silicon Valley with the acquisition of Misora, a 212-unit mid-rise apartment community located at 388 Santana Row in San Jose, CA. Offering convenient access to job centers and a wide range of local amenity options, Misora is well-suited for a variety of renters. Waterton will institute a broad value add program to upgrade residences and revitalize the amenity spaces. <\/p>\n “We’re currently seeing favorable market dynamics and strong supply-demand fundamentals prevail across the Bay Area and throughout Silicon Valley,” said Ben Slack, vice president, acquisitions at Waterton. “Demand continues to be driven by the tech sector in this high-barrier-to-entry district that hasn’t seen a new apartment delivery in nearly a decade.” <\/p>\n Built in 2013, Misora offers a rare variety of larger-than-average floorplans across studio, one-, two- and three-bedroom configurations. Half of the residences feature a loft configuration or a den and select units include a private balcony, further adding to the diverse appeal. Waterton will upgrade residences to a modern finish level including vinyl plank flooring and new lighting and plumbing fixtures throughout; quartz countertops; new backsplashes; and a new technology package. Stainless steel appliance packages and cabinets will be added as needed. <\/p>\n The collection of amenities at Misora includes a lap pool, lounging pool and spa; a rooftop sundeck with barbeque and dining areas; a coworking lounge and conference center; fitness studio; a demonstration kitchen for community use; and private underground parking. Waterton plans to update furniture and fixtures in the amenity spaces, add new flooring and equipment in the fitness center and reconfigure underutilized spaces to maximize the resident experience.<\/p>\n Misora is proximate to the Westfield Valley mall, and walkable to one million square feet of neighborhood amenities including a variety of shopping, dining and entertainment options. The location is just a few blocks from the I-880 and I-280 interchange, providing residents with convenient access to employment centers to the north, south, east and west. <\/p>\n The acquisition brings Waterton’s owned and managed multifamily portfolio to over 920 units in the Bay Area.<\/p>\n About Waterton:<\/b><\/p>\n Waterton is a real estate investment and property management company with a focus on U.S. multifamily and hospitality properties. Founded in 1995, Waterton executes value add, core and credit strategies and manages a national portfolio of properties on behalf of institutional investors, family offices and financial institutions. Waterton is privately held and is headquartered in Chicago with regional teams throughout the United States. As of September 30, 2025, Waterton’s portfolio includes approximately $9.7 billion in real estate assets. Visit Waterton’s website: www.waterton.com<\/a>. <\/p>\n","protected":false},"excerpt":{"rendered":" (February 5, 2026 – Chicago, IL) – Waterton, a national real estate investor and operator, today announced it will expand its presence in Silicon Valley with the acquisition of Misora, a 212-unit mid-rise apartment community located at 388 Santana Row in San Jose, CA. Offering convenient access to job centers and a wide range of… <\/p>\n
{"id":168,"date":"2026-02-05T20:24:00","date_gmt":"2026-02-05T20:24:00","guid":{"rendered":"https:\/\/www.waterton.com\/blog\/2026\/02\/05\/waterton-acquires-212-unit-misora-rental-community-in-san-jose-ca\/"},"modified":"2026-02-05T20:58:42","modified_gmt":"2026-02-05T20:58:42","slug":"waterton-acquires-212unit-misora-rental-community-in-san-jose-ca","status":"publish","type":"post","link":"https:\/\/www.waterton.com\/blog\/2026\/02\/05\/waterton-acquires-212unit-misora-rental-community-in-san-jose-ca\/","title":{"rendered":"Waterton Acquires 212-unit Misora Rental Community in San Jose, CA"},"content":{"rendered":"