The Watermark at Almaden




200 Units

Asset Type




The Watermark at Almaden is a 203,993 SF Class-A senior housing development in San Jose, CA. The four-story facility includes 200 units and 107 parking spaces on 3.35 acres. The Watermark at Almaden includes independent living, assisted living and memory care.

Affinius Capital partnered with Alliance Residential, a highly-qualified national developer with a significant presence in the San Francisco Bay Area and the Pacific Northwest.

Projects Highlights

Affinius Capital's first ground-up development in the San Jose-Silicon Valley market.

Centrally located in the southwest San Jose submarket, which borders high-income residential neighborhoods such as Los Gatos, Campbell, and Almaden Valley.

The site has excellent street frontage access with significant visibility from both Almaden Expressway and Branham Lane. The area is well served by the main East-West State Route 85 providing quick access to and from nearby affluent neighborhoods.


The Watermark at Almaden delivered in 2020.


4606 Almaden Expressway
San Jose CA 95118

Somerville, Massachusetts

Union Square

2,340,000 SF  |  Life Science, Office

Denver, Colorado

Block 162

595,039 SF  |  Office

Chicago, Illinois


191 Units  |  Multifamily

Arlington, Virginia

19Nineteen Clarendon

191 Units  |  Multifamily

Philadelphia, Pennsylvania

Springbrooke Trade Center

484,000 SF  |  Industrial/ Logistics

Visalia, California

Ace Hardware BTS

1,033,180 sq. ft.  |  Industrial/ Logistics

Monterrey, Mexico

Amazon Mexico MTY5

154,322 sq. ft.  |  Industrial/ Logistics

Dallas, Texas

Southfield Park

161,200 SF  |  Industrial/ Logistics

Wakefield, United Kingdom

Amazon Wakefield

2,009,495 sq. ft.  |  Industrial/ Logistics

Dublin, Ireland

Baldonnell II

1.05M sq. ft.  |  Industrial/ Logistics

Gainesville, Virginia

GCDC Campus

1,020k RSF, 306 MW  |  Data Center

Alexandria, Virginia

National Science Foundation

700,000 RSF  |  Office

Cary, North Carolina


357 Units  |  Mixed-Use