Fremont apartment complex trades for over $100 million

By Ted Andersen – Digital Editor, San Francisco Business Times

Oct 29, 2026

Affiliates of the Roxborough Group⁠ have acquired Bidwell Park, a 246-unit apartment community at 39800 Fremont Blvd in Fremont, for $109.4 million. Bidwell Park represents Roxborough’s second multifamily acquisition in Northern California within Roxborough Fund III, L.P., a $518-million discretionary fund focused on opportunistic and value-add investments. “The acquisition of Bidwell Park aligns with Roxborough’s strategy of acquiring infill apartment communities at significant discounts to replacement cost in markets with high barriers to entry and increasing demand,” Michael Pence, head of multifamily acquisitions at Roxborough, said in a statement.