Raintree drops $100M on 28-building Ventura apartment complex

Raintree Partners, a real estate investment company based in Dana Point, has made a significant investment in Ventura County. The firm has purchased Cypress Point, a 268-unit multifamily property, from County Center for $100 million. This works out to approximately $373,130 per unit, according to L.A. Business First.

County Center originally developed the property in 1990 and has owned it for the past three and a half decades. The complex is spread across 14 acres and consists of 28 two-story buildings. It boasts amenities such as a fitness center, clubhouse, swimming pool, two spas, and a barbecue and picnic area.

"We are excited to add Cypress Point to our growing portfolio," said Jeff Allen, managing director at Raintree Partners. "This property is a prime example of the type of value-add opportunities we look for."

The acquisition of this apartment complex highlights Raintree Partners' continued growth and success in the Southern California real estate market. The firm has been actively investing in the region since 2010 and currently has over 3,000 units in its portfolio.

Accurate, fact-checked rewrite of the article.

https://therealdeal.com/la/2025/08/29/raintree-spends-100-million-for-ventura-apartments/