Los Angeles
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.
TA Realty Acquires Los Angeles Westside Community
Institutional Property Advisors brokered the $65 million sale of Avalon Venice on Rose.
Los Angeles Skilled Nursing Facility Lands Refi
Paragon Mortgage provided more than $16 million for the 128-bed property in North Hollywood, Calif.
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.
Los Angeles Opportunity Zone Project Breaks Ground
Mountain Pacific Opportunity Partners plans to deliver the multifamily and retail development in summer 2022.
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.
CBRE Arranges Sale of 62-Unit Los Angeles Community
Executive Vice President Priscilla Nee represented the seller, a private local investor.
Jamison Properties Sells Koreatown Property for $32M
Completed in 2018, the 72-unit Maya Apartments changed ownership at a 4 percent cap rate.
Housing Diversity Corp. Brings Micro-Housing to Hollywood
The developer has broken ground on an affordable housing project located within an Opportunity Zone.
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.