Multifamily news in Los Angeles
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LA Apartments Buys San Fernando Valley Community
The firm has expanded its portfolio with the addition of a 100-unit property located in Pacoima, some 20 miles from downtown Los Angeles.
13 August 2019 06:02 -
Mixed-Use Design 2019: Hospitality-Driven, Sustainable
Kevin Newman of Newman Garrison + Partners reveals how a project can cater to the modern resident’s needs through sustainable architectural design and more.
09 August 2019 11:26 -
LA Development Receives $16M Loan
The six-story community will feature a mix of 51 studios and 14 one-bedroom apartments, with seven units designed as affordable.
06 August 2019 12:04 -
Ensemble Investments Completes Long Beach Multifamily Project
The seven-story 442 Residences is part of a mixed-use campus that also includes an office building at 444 W. Ocean Blvd. and retail space.
31 July 2019 13:24 -
Holland Partners Sells Downtown LA Towers for $403M
Daydream Apartments has scooped up the pair of newly built, luxury apartment buildings, The Grace at Spring and The Griffin at Spring, which total 575 units.
30 July 2019 03:45 -
5 LEED-ing Multifamily Projects in CA
Los Angeles, San Francisco and San Diego hold the top spots for LEED-certified multifamily properties in California through the past 12 months.
26 July 2019 10:30 -
NAI Capital Brokers Pasadena Transaction
Mario Gandara, Ramzy Prado and Jenny Eng of the company’s Multifamily Services Group worked on behalf of both the seller and the buyer.
19 July 2019 09:02 -
LA Luxury Development Receives $24M Loan
PacTen Partners secured the loan for the construction of a 140-unit transit-oriented condominium project located in the heart of the city.
18 July 2019 12:10 -
Metro LA Community Changes Ownership in $21M Deal
MWest Holdings financed the acquisition of Harbor Terrace with a $15.8 million loan held by Prime Finance Partners. The new owner will renovate and rebrand the asset.
10 July 2019 09:11 -
JV Buys $365M Community in LA
The 350-unit property in the Westwood neighborhood also features 50,000 square feet of retail space. The acquisition was financed by a $160 million loan.
03 July 2019 14:00 -
CIM Group Completes 2 LA Communities
CIM Group has finished the development of a 50-unit development in Silver Lake near East Hollywood. The firm also delivered Elevate, the second phase of a three-phase development in West Los Angeles.
28 June 2019 12:29 -
California’s Apartment Industry Eyes Wildfire Recovery Plan
As wildfire season approaches, state legislators are considering a comprehensive package, including a fund that would help keep utilities financially stable after major fires.
25 June 2019 14:05 -
Historic Landmark Changes Hands in West Hollywood
Casa Real encompasses 60 units and is located within walking distance of Sunset Boulevard. New owner Concord Capital Partners used a $13.9 million loan to purchase the $17.3 million asset.
21 June 2019 21:13 -
Glendale Apartment Portfolio Commands $79M
Raintree Partners has purchased seven multifamily properties and added 231 units to its growing portfolio of smaller multifamily properties in urban California locations.
06 June 2019 14:25 -
Los Angeles Community Gets $121M Financing
The 566-unit property is owned by GHP and is the third phase of Orsini, a 1,072-unit community built between 2003 and 2010.
31 May 2019 12:44