Multifamily news in Finance & Investment - Los Angeles
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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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Cityview Scores Funding for $125M Los Angeles Project
The opportunity zone development, which will start construction this month, will feature 296 apartment units and retail space.
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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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Housing Demand to Remain Strong in Los Angeles: Banc of California
Jared Wolff and Hamid Hussain shed light on the dynamics of the metro’s multifamily market.
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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.
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TA Realty Acquires Los Angeles Westside Community
Institutional Property Advisors brokered the $65 million sale of Avalon Venice on Rose.
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Los Angeles Skilled Nursing Facility Lands Refi
Paragon Mortgage provided more than $16 million for the 128-bed property in North Hollywood, Calif.
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CBRE Facilitates Sale of Los Angeles-Area Community
In July, CBRE’s brokerage team also arranged the sale of a 72-unit property in Los Angeles’ Koreatown. The community sold for $32.4 million at a 4 percent cap rate.
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Berkadia Secures Preferred Equity for Los Angeles Purchase
Chinmay Bhatt, Noam Franklin and Cody Kirkpatrick delivered the financing partner for the 147-unit community’s acquisition.
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CBRE Arranges Sale of 62-Unit Los Angeles Community
Executive Vice President Priscilla Nee represented the seller, a private local investor.
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Jamison Properties Sells Koreatown Property for $32M
Completed in 2018, the 72-unit Maya Apartments changed ownership at a 4 percent cap rate.
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3650 REIT Arranges Loan for Los Angeles OZ Project
Hollywood Backlot Homes is a 10-acre manufactured home community in North Hollywood.
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LaTerra, QuadReal Form $250M Multifamily JV
The U.S. developer and Canadian real estate investment firm are teaming up to build two communities in the Los Angeles area.
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LINC Breaks Ground on Los Angeles Affordable Project
The 64-unit development, catering to former homeless families and individuals, is slated for a late 2021 completion.