Multifamily news in Los Angeles
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Jamison Properties Sells Koreatown Property for $32M
Completed in 2018, the 72-unit Maya Apartments changed ownership at a 4 percent cap rate.
17 July 2020 15:37 -
Housing Diversity Corp. Brings Micro-Housing to Hollywood
The developer has broken ground on an affordable housing project located within an Opportunity Zone.
09 July 2020 13:17 -
Common Tapped to Manage 2 Nuveen Communities
The company has added properties in Fort Lauderdale, Fla., and Los Angeles to its standard housing portfolio in a new partnership.
01 July 2020 14:05 -
Carmel Partners Adds Finishing Touches to ARQ
Managing Principal Andy Sands walks us through the high-end features of Cumulus District's upcoming residential tower, which will neighbor Amazon, Apple and Sony studios.
25 June 2020 16:35 -
Will the Pandemic Trigger Additional OZ Investments?
Joan Kramer, partner at Mountain Pacific Opportunity Partners, shares her thoughts on how coronavirus-influenced housing demand is likely to generate more interest in Los Angeles Opportunity Zones.
25 June 2020 15:25 -
1st Phase of $1B Los Angeles Redevelopment Completed
BRIDGE Housing started construction on the project’s first 115 affordable units in 2017.
23 June 2020 06:04 -
3650 REIT Arranges Loan for Los Angeles OZ Project
Hollywood Backlot Homes is a 10-acre manufactured home community in North Hollywood.
19 June 2020 13:48 -
LaTerra, QuadReal Form $250M Multifamily JV
The U.S. developer and Canadian real estate investment firm are teaming up to build two communities in the Los Angeles area.
11 June 2020 13:07 -
LINC Breaks Ground on Los Angeles Affordable Project
The 64-unit development, catering to former homeless families and individuals, is slated for a late 2021 completion.
10 June 2020 16:02 -
Los Angeles Community Trades for $20M
The 96-unit property sold to a private investor. KW Commercial brokered the deal.
25 May 2020 09:35 -
CBRE Closes Northwest Los Angeles Multifamily Sale
First Vice President Melinda Russell represented both the buyer and seller in the trade of the 20-unit Studio City property.
25 May 2020 06:51 -
JV Lands $37M Loan for Affordable Los Angeles Redevelopment
The 92-unit structure is the third phase of a $1 billion project that brings new life to a 700-unit public housing community dating from 1955.
22 May 2020 10:52 -
Greystone Provides $116M in Freddie Mac Loans
The refinancing covers three separate portfolios with a total of 34 multifamily properties in Los Angeles.
19 May 2020 13:47 -
Los Angeles Multifamily Report – Spring 2020
With California the first state to impose shelter-in-place orders, the metro's rental market shows early signs of softening.
19 May 2020 12:30 -
Sussex Capital Sells Suburban Los Angeles Community
HomeStreet Bank provided the buyer with a $7.2 million, long-term acquisition loan.
18 May 2020 12:13