Multifamily news in Los Angeles
-
CIM Group Breaks Ground on Final Phase of LA Mixed-Use
Upon completion, the project will offer a total of 338 units—32 of which will be designated as affordable—and 58,300 square feet of retail space.
02 November 2018 16:15 -
HFF Lands $27M Refi for LA Student Housing Portfolio
The portfolio comprises 19 communities totaling more than 81,000 square feet near the University of Southern California.
31 October 2018 14:35 -
Investors Boost Deal Flow in Los Angeles
The strong fundamentals of the metro’s multifamily market are attracting many buyers, pushing the year's sales volume to $2.9 billion through July.
23 October 2018 12:45 -
$500M LA Luxury Project Reaches Completion
The 2 million-square-foot development in downtown Los Angeles encompasses two 35-story towers and includes 48,000 square feet of ground-floor retail.
22 October 2018 17:22 -
LA Luxury Community Receives $25M Financing
Wilshire Skyline has received the loan for the acquisition of the newly developed The Line Lofts located in Hollywood, Calif.
18 October 2018 20:09 -
Stepp Arranges Sale of Santa Monica Community
The community sold for a total of $4.3 million at a 3.7 percent cap rate. Stepp Commercial represented both parties in the deal.
15 October 2018 13:42 -
On the Market: 4 Interesting Listings for the Week of 10/8
This week's listings include a value-add opportunity north of NYC and a 1900-built, recently renovated community in a busy Richmond, Va., neighborhood.
12 October 2018 15:16 -
Luxury Tower Breaks Ground in Long Beach, CA
Shoreline Gateway, a 35-story development, will be the city’s tallest community. Construction is expected to be completed by the end of 2021.
12 October 2018 13:26 -
West Hollywood Community Trades in All-Cash Deal
CBRE arranged the sale of a 24-unit property located approximately 9 miles from downtown Los Angeles. The brokerage company represented both the buyer and the seller in the deal.
11 October 2018 14:25 -
IPA Brokers Sale of 224-Unit Property
Working on behalf of Fairfield Residential, the brokerage firm procured the buyer, a private investor. The community is located around 26 miles from downtown Los Angeles.
05 October 2018 14:46 -
On the Market: 5 Interesting Listings for the Week of 10/1
This week's listings include a recently renovated community across the street from the University of Miami; an historic five-story building in downtown New Britain, Conn.; and a Spanish Colonial Revival-style property in West Hollywood, Calif.
05 October 2018 13:10 -
LA-Area Community Trades for $93M
Institutional Property Advisors represented the seller and procured the buyer in the sale of Carillon Apartment Homes in Woodland Hills, Calif.
04 October 2018 16:53 -
Affirmed Housing Opens CA Affordable Senior Property
Bella Vita is a 65-unit development in Carson. The community serves low-income seniors and includes 3,000 square feet of commercial place.
27 September 2018 14:47 -
Canyon Partners Provides $11M for CA Senior Housing
Griffin Plaza in Simi Valley will include 75 assisted living units and 26 memory care units, an arts and crafts room, a salon, and a juice bistro.
26 September 2018 19:11 -
E3 Accesses $150M Credit Facility From Natixis
E3, a provider of financing to homeowners who want to participate in the PACE program, will use the capital to expand nationally.
26 September 2018 14:02