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Investors Take Koreatown, Mid-Wilshire Apartment Complexes

Investors Take Koreatown, Mid-Wilshire Apartment Complexes

By Alex Girda, Associate Editor Even if blockbuster investment sales are relatively rare in Los Angeles these days, a steady stream of small- and mid-size multi-family trades are picking up some of the slack. A pair of properties that recently changed hands [...]…

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Investors Take Koreatown, Mid-Wilshire Apartment Complexes

Investors Take Koreatown, Mid-Wilshire Apartment Complexes

By Alex Girda, Associate Editor Even if blockbuster investment sales are relatively rare in Los Angeles these days, a steady stream of small- and mid-size multi-family trades are picking up some of the slack. A pair of properties that recently changed hands in the Wilshire District and Koreatown offer two of…

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L.A.’s Biggest Apartment Project Since 2008 Under Way

L.A.’s Biggest Apartment Project Since 2008 Under Way

By Alex Girda, Associate Editor  J.H. Snyder Co. broke ground late last month on a $200 million multi-family rental project that is the largest of its kind in Los Angeles since the recession began in earnest four years ago. Dubbed the [...]…

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L.A.’s Biggest Apartment Project Since 2008 Under Way

L.A.’s Biggest Apartment Project Since 2008 Under Way

By Alex Girda, Associate Editor J.H. Snyder Co. broke ground late last month on a $200 million multi-family rental project that is the largest of its kind in Los Angeles since the recession began in earnest four years ago. Dubbed the Vermont, the property will encompass 464 rental units in 29-story…

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Ryan Seacrest Pays $37M for Ellen DeGeneres’ Compound

Ryan Seacrest Pays $37M for Ellen DeGeneres’ Compound

By Alex Girda, Associate Editor When it comes to sheer volume and value, the Los Angeles celebrity home market is a standout. Estates regularly command higher prices than mid-size commercial properties. Recent case in point: Daytime TV host Ellen DeGeneres and her spouse, [...]…

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Ryan Seacrest Pays $37M for Ellen DeGeneres’ Compound

Ryan Seacrest Pays $37M for Ellen DeGeneres’ Compound

By Alex Girda, Associate Editor When it comes to sheer volume and value, the Los Angeles celebrity home market is a standout. Estates regularly command higher prices than mid-size commercial properties. Recent case in point: Daytime TV host Ellen DeGeneres and her spouse, Portia de Rossi, recently sold their Beverly Hills…

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Construction Starts on $50M W. Hollywood Apartment Complex

Construction Starts on $50M W. Hollywood Apartment Complex

By Alex Girda, Associate Editor NMS Properties has kicked off construction on the latest entrant in West Hollywood’s upscale multifamily rental market. The $50 million NMS @ LA Cienega is rising near the intersection of La Cienega Boulevard and Westmount Drive en [...]…

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Construction Starts on $50M W. Hollywood Apartment Complex

Construction Starts on $50M W. Hollywood Apartment Complex

By Alex Girda, Associate Editor NMS Properties has kicked off construction on the latest entrant in West Hollywood’s upscale multifamily rental market. The $50 million NMS @ LA Cienega is rising near the intersection of La Cienega Boulevard and Westmount Drive en route to a scheduled July 2013 opening.  The project…

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Rising Returns with Value-Add Purchase of PacMutual Complex

Rising Returns with Value-Add Purchase of PacMutual Complex

By Alex Girda, Associate Editor A partnership led by veteran executive Nelson Rising has made its debut with the acquisition of the landmark PacMutual building in Downtown Los Angeles. Rising Realty Partners bought the 424,598-square-foot, three-building asset in association with Mount Kellett [...]…

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Rising Returns with Value-Add Purchase of PacMutual Complex

Rising Returns with Value-Add Purchase of PacMutual Complex

By Alex Girda, Associate Editor A partnership led by veteran executive Nelson Rising has made its debut with the acquisition of the landmark PacMutual building in Downtown Los Angeles. Rising Realty Partners bought the 424,598-square-foot, three-building asset in association with Mount Kellett Capital Management L.P., its financial partner. According to the…

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Archstone Project Answers Multi-Family Demand in Santa Clarita

Archstone Project Answers Multi-Family Demand in Santa Clarita

 By Alex Girda, Associate Editor In another sign of growing demand for multi-family rentals in the Santa Clarita Valley, Archstone and an affiliate of The Resmark Cos. recently broke ground on a 157-unit town home complex in Santa Clarita. “The strong job market [...]…

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Archstone Project Answers Multi-Family Demand in Santa Clarita

Archstone Project Answers Multi-Family Demand in Santa Clarita

By Alex Girda, Associate Editor In another sign of growing demand for multi-family rentals in the Santa Clarita Valley, Archstone and an affiliate of The Resmark Cos. recently broke ground on a 157-unit town home complex in Santa Clarita. “The strong job market in the Valley and in the Los Angeles…

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