Deals - Los Angeles
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Berkadia Closes $30M Los Angeles-Area Sale
The 78-unit community known as Villa Grande Townhomes had a 92.3 percent occupancy rate as of September.
12 November 2019 09:04 -
Los Angeles-Area Community Trades for $29M
NNC Apartment Ventures and Bailard Inc. sold the 88-unit Cambridge Apartments after 15 years of ownership.
18 October 2019 16:51 -
Afton Properties Buys Los Angeles-Area Property for $132M
Berkadia secured $108.7 million in Freddie Mac financing for the acquisition in Lancaster, Calif.
20 September 2019 19:33 -
Los Angeles Age-Restricted Community Sells for $34M
Positive Investments acquired the 162-unit property, financing the deal with a Freddie Mac loan from Capital One.
16 August 2019 14:33 -
MG Properties Buys 2 Los Angeles Communities for $140M
The company's buying spree continues with the acquisition of two properties totaling 397 units in Canoga Park and Northridge, Calif.
15 August 2019 13:17 -
LA Apartments Buys San Fernando Valley Community
The firm has expanded its portfolio with the addition of a 100-unit property located in Pacoima, some 20 miles from downtown Los Angeles.
13 August 2019 06:02 -
Holland Partners Sells Downtown LA Towers for $403M
Daydream Apartments has scooped up the pair of newly built, luxury apartment buildings, The Grace at Spring and The Griffin at Spring, which total 575 units.
30 July 2019 03:45 -
NAI Capital Brokers Pasadena Transaction
Mario Gandara, Ramzy Prado and Jenny Eng of the company’s Multifamily Services Group worked on behalf of both the seller and the buyer.
19 July 2019 09:02 -
Metro LA Community Changes Ownership in $21M Deal
MWest Holdings financed the acquisition of Harbor Terrace with a $15.8 million loan held by Prime Finance Partners. The new owner will renovate and rebrand the asset.
10 July 2019 09:11 -
JV Buys $365M Community in LA
The 350-unit property in the Westwood neighborhood also features 50,000 square feet of retail space. The acquisition was financed by a $160 million loan.
03 July 2019 14:00 -
Historic Landmark Changes Hands in West Hollywood
Casa Real encompasses 60 units and is located within walking distance of Sunset Boulevard. New owner Concord Capital Partners used a $13.9 million loan to purchase the $17.3 million asset.
21 June 2019 21:13 -
Glendale Apartment Portfolio Commands $79M
Raintree Partners has purchased seven multifamily properties and added 231 units to its growing portfolio of smaller multifamily properties in urban California locations.
06 June 2019 14:25 -
LA Community Changes Hands for $24M
Lion Real Estate Group purchased the 100-unit asset in 2015 for $15.5 million and sold it after renovating more than half of the property.
27 May 2019 10:25 -
Storm-Damaged South Bay Community Changes Hands
New owners IDEAL Capital Group and Aegon Real Assets US will invest in renovations and upgrades of the 105-unit asset sold by Stockbridge Capital Group.
20 May 2019 13:34 -
Low-Income Senior Housing Community Changes Hands in CA
Lee & Associates facilitated the $8.7 million sale. The previous owner recently upgraded Aurora Village—located in an Opportunity Zone—with solar electric and water heating systems.
09 April 2019 13:31