H&S Ventures Purchased Anaheim Apartment Complex
The firm acquired the Edge Apartments for $153.6 million in a major deal for the Platinum Triangle district.
Updated on Sept. 21, 2026 in Commercial
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H&S Ventures has finalized the purchase of the 371-unit Edge Apartments complex in Anaheim for $153.6 million. The transaction took place alongside a separate $160 million sale of the neighboring Rise Apartments.
Why it matters
The deal represents the latest significant investment by the Samueli family, who have committed approximately $318 million to Anaheim properties since 2020. This acquisition highlights the continued development interest near Angel Stadium.
The Edge Apartments at 1921 S. Union St. consist of 371 units averaging 865 square feet, sold at a per-unit price of $414,000. Combined with the 376-unit Rise Apartments, the total transaction value for the two properties reached $314 million.
The players
H&S Ventures
This investment firm is owned by the Samueli family and has been a major driver of commercial real estate activity in Anaheim.
Tishman Speyer
A global real estate investment firm that acted as the buyer for the neighboring Rise Apartments complex.
CBRE
A commercial real estate services and investment firm that served as the broker for the apartment properties.
Waterford Property Company
This real estate investment and development firm provided assistance during the acquisition of the Edge Apartments.
The details
CBRE marketed the two properties separately, leading to the competitive sale after they were on the market for 45 days. The transaction involved assistance from the Waterford Property Company and maintains the high occupancy levels established since the complexes were built in 2019.
Timeline
JPI Companies built the Edge Apartments in 2019.
PGIM purchased the Edge and Rise apartments in 2021.
The sale of the apartment complexes occurred in September 2026.
Roadmap
This purchase solidifies the ongoing transition of the 820-acre Platinum Triangle district into a primary residential and commercial corridor. It reflects a wider market trend of institutional investors clustering assets around future transit and entertainment nodes in Anaheim.
Residents currently living in the Edge Apartments should experience continued stability given the complex's 97% occupancy rate. The high-value transaction signals strong market interest that may influence future rental trends and local property management standards in the Platinum Triangle.
The takeaway
The sustained investment by firms like H&S Ventures signals that the area around Angel Stadium remains a focal point for long-term urban growth. Readers should monitor future zoning updates for the stadium site as these shifts often dictate regional housing supply and market valuations.
What happens next
Development plans for the Angel Stadium site are expected to progress with a deal projected to close in 2027.
Further reading
For more information on the evolving local landscape, visit the Commercial section.
Source note: This article includes information reported by Orange County Business Journal.
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