Multifamily news in Los Angeles

MWest Holdings Expands SoCal Footprint
The company has added to its portfolio Sunset Gardens, a value-add townhome community located in Canoga Park, Calif. The property will be rebranded as NoVa Townhomes.
Market Rate
Multifamily REITs to Flourish in Major Metros: Morningstar
According to the company's latest report, market conditions in the New York City, Boston, Los Angeles, San Francisco and Washington, D.C., metros could have a significant impact on four of the largest REITs over the next two years.
Finance & Investment
Transwestern Brokers Sale of LA Luxury Asset
The property is located in Culver City, Calif., near Playa Vista’s entertainment and tech hubs. The brokerage company represented the buyer, a private investor, in the off-market transaction.
Luxury

  • Universe Holdings, Hanover Financial Buy $100M CA Community

    The companies purchased Capes at Ventura, a 400-unit asset in Ventura, and plan on investing $6.5 million in upgrades.

    18 May 2018 15:32

  • Positive Investments Buys CA Community

    Keller Williams Commercial Studio City represented the company in its purchase of the 10-building, 86-unit property, located in Compton.

    15 May 2018 16:09

  • Bell Partners Buys Pasadena Asset

    Cushman & Wakefield arranged Hines' sale of The Ellington, a 212-unit, transit-oriented development. Completed in 2016, the community includes 25 affordable residences.

    11 May 2018 06:38

  • Meta Housing Unveils CA Affordable Community

    Zinnia in Signal Hill offers 72 units and a mini dog park, a playground and a community building.

    09 May 2018 16:53

  • 2 CA Properties Obtain $125M

    KeyBank Real Estate Capital originated the loans for the 385-unit Paseos Apartment Homes in Montclair and the 225-unit Pier in Los Angeles.

    07 May 2018 16:17

  • KeyBank Arranges $248M for LA Student Housing

    G.H. Palmer Associates' Lorenzo serves students attending the University of Southern California, Loyola Law School and the Fashion Institute of Design and Merchandising and is currently 95 percent leased.

    01 May 2018 15:46

  • Marcus & Millichap Facilitates CA Townhomes Sale

    The firm represented the seller and arranged a 10-year, $10.8 million acquisition loan on behalf of the buyer for the 52-unit community.

    30 April 2018 14:11

  • Fundamentals Flourish in LA

    Increased investor interest in the metro’s multifamily assets is driving property values to new highs, while keeping acquisition yields at nationwide lows.

    27 April 2018 13:44

  • Greysteel Secures $9M Refi for LA Community

    The company arranged the loan for Appletree Village Apartments, a 125-unit affordable housing community located in North Hills, Calif.

    24 April 2018 16:08

  • Wood Partners Opens LA Community

    The 280-unit Fifty Five Fifty broke ground in late 2015, and the property offers a mix of affordable and market-rate apartments.

    20 April 2018 11:46

  • TMG Arranges Sale of CA Community

    United Development Group traded Casa Del Sol Apartments, a 205-unit community in Bakersfield, to a San Fernando Valley-based private investor.

    19 April 2018 14:58

  • LA Community Sells for $24M

    HFF brokered the sale of Infinity West, a 43-unit property located in West Hollywood, on behalf of the seller, Bolour Associates.

    16 April 2018 16:00

  • MWest Holdings to Renovate Historic LA Apartments

    The company and GreenOak Real Estate have acquired the 132-unit Santa Fe Lofts, a historic Beaux Arts-style building in the Gallery Row District.

    02 April 2018 19:15

  • Greystar Buys $84M CA Property

    The firm acquired Pacific Court Apartments, a transit-oriented and value-add property in downtown Long Beach. The buyer plans to upgrade the interior as well as the communal area amenities.

    29 March 2018 19:28

  • LA-Area Property Sells for $45M

    Berkadia brokered the sale of Sunset Plaza, a 183-unit property located in West Covina. The firm represented both the seller and the buyer in the transaction.

    29 March 2018 19:22