Enliven Acquires Marin County Apartment Community for $21.35 Million
July 1, 2025 - San Francisco, CA: Enliven Partners, an independent real estate investment and development firm, has acquired a 72-unit apartment community in San Rafael, California, for $21.35 million. Located at 175 and 195 Nova Albion Way, the two adjacent properties will be unified and operated as Nova at Terra Linda. This is Enliven Partners’ first acquisition.
“This is an opportunity to steward two well-positioned assets and help ensure they continue serving Marin County’s workforce housing needs,” said Matt Myzak, Co-Founder and Managing Partner at Enliven Partners. “This project aligns perfectly with our company values of creating great places to live and fostering strong communities for individuals and families.”
The acquisition was completed in partnership with a Bay Area-based real estate investment firm and reinforces Enliven’s broader strategy to invest in and enhance multifamily properties through targeted physical upgrades and responsive and attentive management. The firm’s approach emphasizes long-term value creation by improving both livability for residents and operational efficiencies.
“Our goal is to make thoughtful improvements that reflect the character of the surrounding neighborhood and elevate day-to-day life for residents,” said Seth Mallen, Co-Founder and Partner.
Enliven’s leadership brings more than five decades of combined experience in real estate investment, development and operations. Prior to founding Enliven, Myzak and Mallen were instrumental in successfully revitalizing more than a dozen properties in the San Francsico Bay Area, including three multifamily assets containing 700-units in Marin County.
“We’re excited about future opportunities in the multifamily space,” said Myzak. “This project reflects the kind of balanced, broad stakeholder-focused approach we believe in, where everyone benefits. Having lived and invested in this market across multiple cycles, our experience supports our conviction that the Bay Area is poised for continued growth.”
About Enliven
Enliven Partners is an independent real estate investment and development company, specializing in constructing, acquiring and improving multi-family housing throughout the western US. With a philosophy rooted in putting people first, we create high-quality living environments that energize communities and deliver strong, sustainable returns. Our firm’s leadership team brings more than 50 years of combined experience and a track record of revitalizing properties through thoughtful design and hands-on management, and respect for the surrounding environment.