Deals - Los Angeles

  • LA Community Sells for $16M

    Transwestern brokered the sale on behalf of the seller, a private investor and also represented the buyer, Winstar Properties Inc., in the off-market transaction.

    20 November 2017 15:18
  • Suburban LA Community Sells for $20M

    Marcus and Millichap brokered the sale of Villa Hermosa Apartments in Norwalk, Calif. The sale marks the largest non-institutional multifamily transaction in the suburban city.

    07 November 2017 15:05
  • IPA Arranges $57M Sale of Luxury CA Community

    A private investor based in China acquired Luxe, a 131-unit community in Pasadena, Calif. IPA represented the seller, Amcal Equities, and procured the buyer.

    31 October 2017 16:30
  • Berkadia Completes $35M Sale in SoCal

    Metro 102 Apartments, an affordable apartment community in Ontario recently changed hands for $35 million. The purchase was capitalized primarily with foreign investment money.

    10 October 2017 14:39
  • Marina Arts District Grows With $100M Development

    Dubbed G8, the project will be one of the area’s largest multifamily communities. California Landmark Group’s development is located in a former Marina del Rey industrial zone and is scheduled for 2019 completion.

    09 October 2017 14:59
  • Berkshire Group Expands its LA Portfolio

    The company has purchased its third asset in Los Angeles. The property located in the Koreatown neighborhood has been renamed as Berkshire K2LA.

    09 October 2017 13:38
  • CA Property Sold for $74M

    The 163-unit mixed-use asset in Monrovia marks Sequoia Equities' second California purchase this month. The company plans to update the community’s offerings by investing $1.4 million in an interior renovation.

    29 September 2017 14:36
  • Bascom Expands CA Footprint With $17M Buy

    Casanova Grove is a 76-unit community located in Monterey.

    20 September 2017 09:17
  • Stepp Facilitates Record-Breaking LA Sale

    The sale of Atwater Avenue Apartments achieved the highest price per unit and price per square foot ever paid for comparable properties in LA submarket Atwater Village.

    18 September 2017 14:26
  • JV Sells Downtown Santa Monica Mixed-Use Asset

    The Marcus & Millichap division represented Century West Partners and BlackRock Realty Advisors Inc., and also procured the buyer. Chelsea Santa Monica includes 53 units and almost 6,000 square feet of retail space.

    15 September 2017 09:09
  • Hollywood Apartment Community Trades for $11M

    NNC Apartment Ventures expanded its California portfolio with value-add 42-unit residential property. The asset is located near popular destinations.

    14 September 2017 16:15
  • Walker & Dunlop Closes $289M Financing for CA Portfolio

    The properties comprise nearly 2,200 units in four major markets. Of the 21 properties, 11 have Section 8 HAP contracts to provide affordable housing, and 10 qualify for Fannie Mae's Green Rewards Program.

    02 August 2017 15:44
  • George Smith Secures Financing for Hollywood Condo Conversion

    The $4.5 million loan will be used by Friedman Capital to purchase and transform Patio del Moro into a condominium. The historic asset was once home to celebrities such as Charlie Chaplin or Humphrey Bogart.

    02 August 2017 14:03
  • Sussex Capital Snags LA Community

    Avison Young brokered the deal, which amounted to $450,000 per unit. The property, called Hillpointe, includes 30 units in Hollywood Hills.

    11 July 2017 14:08
  • Aimco Buys Out Palazzo JV Partners for $452M

    The company sourced funds for the acquisition by taking title subject to existing allocable debt and using cash proceeds from the pending sales of some of its assets in the Northeast.

    11 July 2017 12:43