Multifamily news in Los Angeles

  • 923-Unit Community to Be Developed in LA

    Newman Garrison + Partners along with Lincoln Property Co. have developed plans to construct Elysian Park Lofts, a TOD development in Los Angeles.

    08 December 2017 16:54
  • Mill Creek Starts Preleasing at The Griffith

    The 220-unit apartment community in Glendale is within 20 minutes of downtown Los Angeles. The area hosts employers such as Disney’s Grand Central Creative Campus and DreamWorks Animation.

    08 December 2017 15:23
  • Venture West Closes $51M Refi

    The company has arranged the loan for two properties, totaling 120 units in Los Angeles. The loan was secured through Banc of California.

    07 December 2017 16:27
  • Long Beach Community Scores $32M Financing

    Bellwether Enterprise has arranged Fannie Mae Structured ARM loan fort Lofts at Promenade Apartments, a community in downtown Long Beach, Calif.

    05 December 2017 11:15
  • LA Community Sells for $16M

    Transwestern brokered the sale on behalf of the seller, a private investor and also represented the buyer, Winstar Properties Inc., in the off-market transaction.

    20 November 2017 15:18
  • The Warner Center Brings 2 Luxury Projects to LA

    The buildings, dubbed Q East and Q West, will each have a rooftop deck, fitness center and yoga studio, indoor/outdoor poolside club/lounge, gourmet teaching kitchen and outdoor lounge with TV screens and fireplace.

    17 November 2017 16:28
  • Talonvest Secures $21M Refi for CA Property

    Bascom San Francisco received the funding to complete the remaining upgrades on LUXE 1801, a 109-unit community in Alhambra, Calif. The company acquired the property in 2015.

    13 November 2017 15:24
  • 4-Property LA Portfolio Lands $267M

    George Smith Partners arranged the seven-year, fixed-rate, interest-only, non-recourse loans on behalf of G.H. Palmer. The portfolio totals 1,359 units.

    09 November 2017 15:48
  • Century West Partners Completes NEXT on Sixth in LA

    Century West Partners is a joint venture of Fifield Cos. and Cypress Equity. NEXT on Sixth marks the second recently completed development of the joint venture in Koreatown.

    08 November 2017 17:50
  • Suburban LA Community Sells for $20M

    Marcus and Millichap brokered the sale of Villa Hermosa Apartments in Norwalk, Calif. The sale marks the largest non-institutional multifamily transaction in the suburban city.

    07 November 2017 15:05
  • New Luxury Community Opens in Tarzana, CA

    The 57-unit luxury Residences at Village Walk, developed by Sinanian Development, is now open. Moss & Co. will manage the property located at Yolande Avenue.

    31 October 2017 16:57
  • IPA Arranges $57M Sale of Luxury CA Community

    A private investor based in China acquired Luxe, a 131-unit community in Pasadena, Calif. IPA represented the seller, Amcal Equities, and procured the buyer.

    31 October 2017 16:30
  • $54M Hollywood Development Breaks Ground

    Essex Property Trust, together with McCormick Construction, broke ground on the Sunset Boulevard mixed-use development. The project includes 200 residential units and 4,678 square feet of retail space.

    30 October 2017 14:33
  • San Fernando Valley Apartments Sell for $42M

    Ambrus Co. sold a 207-unit, three-property apartment portfolio to Lion Real Estate Group. The acquisition was sourced off-market from a Los Angeles-based private investor who developed the assets 40 years ago.

    26 October 2017 13:10
  • Asian Investors Flock to Downtown LA

    Mega-luxury projects are taking shape in the area, helping revitalize the city. But some executives at the 2017 ULI Fall Meeting expressed concern about the potential for oversupply.

    24 October 2017 20:24