Multifamily news in Finance & Investment - Los Angeles
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Gelt Acquires Anaheim Apartments for $146M
This purchase brings the company's Southern California portfolio to six properties.
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Clearwater, Berkshire Launch $1B Senior Housing Fund
The partners are targeting ground-up development as well as acquisitions.
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$2B JV Targets California’s ‘Missing Middle’
The partnership between Standard Communities and Faring has created more than 650 units of middle-income housing so far.
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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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ICYMI: MHN’s Top 5 Posts in July 2021
Miss any of our articles? Catch up with five of our most popular posts for the month.
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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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Ravello Holdings Lands $55M Loan for Los Angeles Affordable Project
Merchants Capital provided the financing for the development of the 118-unit property in Palmdale, Calif.
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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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Downtown Los Angeles Condo Project Lands $45M in Financing
The 77-unit Little Tokyo development features a rooftop amenity area, as well as ground-floor retail.
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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.