Investors zeroing in on Silicon Valley multi-family housing
Silicon Valley / San Jose Business Journal - January 13, 2006 by Brad Berton
....Chalk it up to the valley's improving employment picture and unusually modest apartment construction pipeline, added Mr. Jones, who brokered the Cupertino sale on behalf of the seller, an affiliate of locally-based Stonesfair Financial. Indeed, rents at the 201-unit luxury complex known as Arioso Apartments were rising steadily as Stonesfair's marketing team was working with an extensive roster of bidders...
Stonesfair CEO, Karl Bakhtiari Recognized as Distinguished Alumni
California State University, Chico - 2003
... Karl Bakhtiari received both Baccalaureate and MBA degrees from the College fo Business He began his career with Andersen Consulting (now Accenture) and later moved to Tandem Computer in a management position. In the early 90's, he founded Stonesfair Financial Corporation and is currently CEO. Stonefair is a financial managment company whose private investors hold real estate assets, principally large apartment complexes in western Uninted States. He is married to Deborah, also an alum from the College of Business.