Multifamily news in Deals - Los Angeles
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Prime Residential Acquires California Communities in $275M Deal
Institutional Property Advisors procured the buyer for two adjacent assets located in a Los Angeles beach community.
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Advanced Real Estate Lands $263M Refi for SoCal Portfolio
NorthMarq arranged the six separate loans through Freddie Mac.
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REMM Group Tapped to Manage 2 Los Angeles Communities
The firm adds 177 units to its management portfolio.
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Gelt Pays $55M for Los Angeles Asset
A CBRE Global Investors-sponsored fund financed the acquisition loan for the Long Beach property.
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Los Angeles-Area Property Trades for $26M
Town Center Terrace had been on the market for the first time in 38 years.
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Harbor Group Pays $47M for California Asset
Olive Ridge provides access to some of Southern California’s largest employment hubs.
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Los Angeles Self Storage Facility Lands $14M Financing
The 1,150-unit building is under construction some 25 miles east of the city's downtown.
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NorthMarq Arranges Los Angeles Property Sale
The 109-unit community offers easy access to downtown Los Angeles and the University of South California’s Health Science Campus.
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Out-of-State Investor Pays $55M for Luxury Los Angeles Asset
Converted from a condominium community mid-pandemic, the property traded for roughly $900,000 per unit.
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CGI Strategies Lands $42M Refi for Koreatown Apartments
Located in the heart of the trendy neighborhood, the recently developed 122-unit property is almost fully occupied.
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Opportunity Housing Group Buys California Property for $100M
Institutional Property Advisors represented the sellers in the disposition of the 261-unit community in Monrovia, Calif.
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JLL Arranges $173M in Multifamily Financing
The 14 Fannie Mae loans will be used for acquisitions and refinancings for properties in Idaho, Georgia, Oregon and California.
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Positive Investments Buys Los Angeles Affordable Housing
The 200-unit community in Sylmar last changed hands in late 2018 for $13.5 million.
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Standard Cos. Pays $31M for Affordable Pasadena Community
The transaction preserves affordability for all 61 units for the next 55 years.
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Advanced Real Estate Services Secures $240M Refi for Multifamily Portfolio
NorthMarq arranged the Freddie Mac and Fannie Mae loans for six communities totaling 1,223 units in Southern California.