Press Release
Maximus Real Estate Partners Makes Moves in Marin County
Gains new partner for The Cove at Tiburon, sells interest in Serenity at Larkspur.
San Francisco, CA – Maximus Real Estate Partners, the largest multifamily owner/operator in Marin County, announces key ownership changes for two assets in their portfolio.
The Cove at Tiburon: Maximus welcomes new investment partner Vanbarton Group. Maximus and Vanbarton acquired the Lightstone Group’s interest, after a 5-year, $50M renovation of this 283-unit waterfront community. The comprehensive renovation included interiors, landscape, community spaces, and private marina. It also features the Pointe at Cove, a collection of 11 exclusive residences with stunning bay views and luxuriously appointed interiors.
“The Cove is a one-of-a-kind, transgenerational asset, which we transformed into the most coveted Multifamily community in Marin,” said Rob Rosania, founder and lead visionary of Maximus. “Vanbarton Group shares our long-term vision for The Cove, and we’re delighted to partner with them to maintain its position as the best-in-class luxury rental offering in the county.”
Serenity at Larkspur: After completing a second phase renovation, Maximus sold Serenity at Larkspur to Catalyst Housing Group. Catalyst creates perpetually affordable rental housing for California’s essential middle-income workforce and will work with the City of Larkspur to pursue a long-term housing strategy for Serenity.
This is the largest transaction of its type in California and emphasizes Maximus’ values of supporting workforce housing.
“We were thrilled to support Catalyst’s pursuit of middle-income housing for residents of Marin,” said Rosania. “Serenity is a beautiful community, perfectly aligned with their strategy. We wish them great success.”
About Maximus: Maximus Real Estate Partners is an entrepreneurial real estate investment and development company in the San Francisco Bay Area. Led by a passionate team that continuously transcends expectations, the company is inspiring innovation in real estate with a growing collection of distinct, next-generation communities.
San Francisco, CA – Feb 24, 2020 – Maximus Real Estate Partners, the largest multifamily owner/operator in Marin County, announces key ownership changes for two assets in their portfolio.
The Cove at Tiburon: Maximus welcomes new investment partner Vanbarton Group. Maximus and Vanbarton acquired the Lightstone Group’s interest, after a 5-year, $50M renovation of this 283-unit waterfront community. The comprehensive renovation included interiors, landscape, community spaces, and private marina. It also features the Pointe at Cove, a collection of 11 exclusive residences with stunning bay views and luxuriously appointed interiors.
“The Cove is a one-of-a-kind, transgenerational asset, which we transformed into the most coveted Multifamily community in Marin,” said Rob Rosania, founder and lead visionary of Maximus. “Vanbarton Group shares our long-term vision for The Cove, and we’re delighted to partner with them to maintain its position as the best-in-class luxury rental offering in the county.”
Serenity at Larkspur: After completing a second phase renovation, Maximus sold Serenity at Larkspur to Catalyst Housing Group. Catalyst creates perpetually affordable rental housing for California’s essential middle-income workforce and will work with the City of Larkspur to pursue a long-term housing strategy for Serenity.
This is the largest transaction of its type in California and emphasizes Maximus’ values of supporting workforce housing.
“We were thrilled to support Catalyst’s pursuit of middle-income housing for residents of Marin,” said Rosania. “Serenity is a beautiful community, perfectly aligned with their strategy. We wish them great success.”
About Maximus: Maximus Real Estate Partners is an entrepreneurial real estate investment and development company in the San Francisco Bay Area. Led by a passionate team that continuously transcends expectations, the company is inspiring innovation in real estate with a growing collection of distinct, next-generation communities.
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