Multifamily news in Los Angeles
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NorthMarq Arranges Los Angeles Property Sale
The 109-unit community offers easy access to downtown Los Angeles and the University of South California’s Health Science Campus.
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Out-of-State Investor Pays $55M for Luxury Los Angeles Asset
Converted from a condominium community mid-pandemic, the property traded for roughly $900,000 per unit.
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CGI Strategies Lands $42M Refi for Koreatown Apartments
Located in the heart of the trendy neighborhood, the recently developed 122-unit property is almost fully occupied.
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Opportunity Housing Group Buys California Property for $100M
Institutional Property Advisors represented the sellers in the disposition of the 261-unit community in Monrovia, Calif.
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Los Angeles Multifamily Report – Winter 2021
Like most expensive gateway markets, the metro took a hit last year, with the average rent down 3.0 percent.
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Top California Markets for Construction Activity
While deliveries were down 4.9 percent last year nationwide, some metros on this list saw significant upticks in the number of units completed.
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JLL Arranges $173M in Multifamily Financing
The 14 Fannie Mae loans will be used for acquisitions and refinancings for properties in Idaho, Georgia, Oregon and California.
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Meet The Beacon: 2020 MHN Excellence Gold Winner, ‘Affordable Development & Design’
A slideshow of the award-winning entry by The Architects Collective and developer Century Affordable Development Inc.
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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.