Los Angeles
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.
Sussex Capital Sells Suburban Los Angeles Community
HomeStreet Bank provided the buyer with a $7.2 million, long-term acquisition loan.
Northwestern Mutual Sells California Community for $92M
Berkadia represented the seller in its disposition of the 272-unit asset in Ventura County.
Los Angeles Mixed-Use Development Lands Financing
The 126-unit luxury asset will be built in the Koreatown submarket by Live, Work, Create Equity LLC.
Latigo Group Lands Financing for Los Angeles-Area Project
Dekel Capital arranged the loan for a 142-unit development in Thousand Oaks, Calif.
Top 5 Multifamily Deliveries in Los Angeles
While completions slowed during the first quarter due to the coronavirus outbreak, several large projects came online in the first quarter, according to Yardi Matrix data.
Marcus & Millichap Arranges Metro Los Angeles Sale
Executive Director Rick Raymundo facilitated the sale of the 16-unit community in Westlake Village.
Universe Holdings Closes $26M Los Angeles Portfolio Deal
The firm acquired three properties totaling 122 units in the Granada Hills submarket.
Gemdale Sells Suburban Los Angeles Community
A private investor picked up the 85-unit South Hills Apartments for $32 million.
WNC Raises $129M for Institutional LIHTC Fund
The latest LIHTC fund from the Irvine, Calif.-based firm will develop and renovate more than 1,600 affordable housing units in nine states.