Multifamily news in Los Angeles
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Meet Arte: 2020 MHN Excellence Gold Winner for ‘Best Development & Design Low-Rise’
A slideshow of the award-winning entry by AO Architects, owner Providence Capital Group Inc. and developer Fore Property.
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Showcasing Hotel-Style Amenities in Los Angeles
Evolve South Bay, a new, 300-unit apartment property in Carson, Calif., includes a coworking center, a high-end lounge and other hospitality-inspired features.
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Cityview Scores Funding for $125M Los Angeles Project
The opportunity zone development, which will start construction this month, will feature 296 apartment units and retail space.
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How to Build Against Wildfires
RAAM Construction’s Nick Wilson talks about the impacts of the wildfires in Southern California and unveils some techniques used to build defensively against wildfires.
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Positive Investments Buys Los Angeles Affordable Housing
The 200-unit community in Sylmar last changed hands in late 2018 for $13.5 million.
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Standard Cos. Pays $31M for Affordable Pasadena Community
The transaction preserves affordability for all 61 units for the next 55 years.
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CLG Completes $120M Los Angeles Project
The mixed-use development has 228 apartments and 25,000 square feet of office space.
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Housing Demand to Remain Strong in Los Angeles: Banc of California
Jared Wolff and Hamid Hussain shed light on the dynamics of the metro’s multifamily market.
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Los Angeles Multifamily Report – Summer 2020
Recording one of the country's largest unemployment rates, the city is facing an uphill battle.
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Advanced Real Estate Services Secures $240M Refi for Multifamily Portfolio
NorthMarq arranged the Freddie Mac and Fannie Mae loans for six communities totaling 1,223 units in Southern California.
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TA Realty Acquires Los Angeles Westside Community
Institutional Property Advisors brokered the $65 million sale of Avalon Venice on Rose.
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Los Angeles Skilled Nursing Facility Lands Refi
Paragon Mortgage provided more than $16 million for the 128-bed property in North Hollywood, Calif.
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CBRE Facilitates Sale of Los Angeles-Area Community
In July, CBRE’s brokerage team also arranged the sale of a 72-unit property in Los Angeles’ Koreatown. The community sold for $32.4 million at a 4 percent cap rate.
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Los Angeles Opportunity Zone Project Breaks Ground
Mountain Pacific Opportunity Partners plans to deliver the multifamily and retail development in summer 2022.
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Berkadia Secures Preferred Equity for Los Angeles Purchase
Chinmay Bhatt, Noam Franklin and Cody Kirkpatrick delivered the financing partner for the 147-unit community’s acquisition.