Multifamily news in 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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Top States for LEED Multifamily Certifications in 2021
In the first half of the year, 106 multifamily properties received LEED certification across the country, based on USGBC data. Here are the five most notable projects from that list.
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Milender White Breaks Ground on LA Student Housing
The 157-unit property will serve students enrolled at the nearby University of Southern California.
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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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REMM Group Tapped to Manage 2 Los Angeles Communities
The firm adds 177 units to its management portfolio.
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Holland Partners Opens Long Beach Community
The 271-unit property came online with help from a $90 million construction loan.
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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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Alagem, Cain Unveil $2B Beverly Hills Luxury Project
The 1.4 million-square-foot development is expected to be completed by 2026.
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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 Multifamily Report – Summer 2021
While the metro's recovery is relatively slow, fundamentals are pointing to sunnier days.
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MBK Rental Living Partnership Kicks Off Los Angeles Luxury Project
Work is well underway on Esperanza at Duarte Station, slated to open in 2023.