Los Angeles
Los Angeles Multifamily Report – June 2022
Rents and occupancy are making significant gains.
Grosvenor Breaks Ground on Mixed-Use California Community
Scheduled for completion by the second quarter of 2024, the property was designed by Solomon Cordwell Buenz.
LaTerra, Macquarie Form Self Storage JV
The partnership will have $300 million in equity to build ground-up developments.
Top Multifamily Markets for Construction Activity
The top 10 metros account for about 40 percent of all units underway.
MG Properties Expands Southern California Footprint
Institutional Property Advisors arranged the sale of the recently completed community.
Standard Communities Pays $130M for LA-Area Property
CBRE arranged the sale of the newly completed community.
Trojan Lands $130M Financing for Self Storage Portfolio
Gantry secured the loan for the deal through AIG Insurance Co.
Universe Holdings Lands $30M Refi for LA-Area Senior Housing
The company will use the loan to optimize the 172-unit asset and pursue future acquisitions.
Canyon Capital Sells Long Beach Asset for $47M
The property recently underwent a multimillion-dollar renovation.
Laguna Point Properties Secures $329M Loan
The financing will go toward the acquisition of a portfolio in downtown Los Angeles.