Los Angeles
Los Angeles Multifamily Report – Fall 2019
As the current economic cycle stretches past most initial expectations, the multifamily market continues to test its limits.
PCCP Extends $76M Loan for Los Angeles Buy
Bridge Investment Group sold the 306-unit community in Paramount, Calif., to a joint venture.
Jazz Age-Era Community Sells for $38M in Los Angeles
MWest Holdings sold the 170-unit property a few days after trading another one of its L.A. multifamily assets.
Hines JV Breaks Ground on Los Angeles Mixed-Use Project
The eight-story West Edge will include 600 luxury apartments, along with office space, a supermarket and restaurants.
MWest Holdings Sells Los Angeles Property
The firm traded the building after seven years of ownership for more than $26 million.
Portions of Major Los Angeles Portfolio Sell
Marcus & Millichap represented the private investor in its disposition of portions of a larger 26-property collection.
Gelt Sells Los Angeles County Community for $63M
The company is eyeing $300 million in multifamily purchases throughout the West this year.
CGI Strategies Breaks Ground on Another Koreatown Community
At the same time, the company completed work on The Mariposa, a 122-unit project nearby.
Greenland USA Completes $1B Development in Downtown Los Angeles
The 6.3-acre project’s final component, a 685-unit luxury tower, is expected to open its doors to residents this winter.
North Los Angeles Community Trades for $35M
Constructed in 1964, the seven-building property changed hands at a per-unit price of roughly $375,000.