Los Angeles
Ensemble Investments Completes Long Beach Multifamily Project
The seven-story 442 Residences is part of a mixed-use campus that also includes an office building at 444 W. Ocean Blvd. and retail space.
Holland Partners Sells Downtown LA Towers for $403M
Daydream Apartments has scooped up the pair of newly built, luxury apartment buildings, The Grace at Spring and The Griffin at Spring, which total 575 units.
5 LEED-ing Multifamily Projects in CA
Los Angeles, San Francisco and San Diego hold the top spots for LEED-certified multifamily properties in California through the past 12 months.
NAI Capital Brokers Pasadena Transaction
Mario Gandara, Ramzy Prado and Jenny Eng of the company’s Multifamily Services Group worked on behalf of both the seller and the buyer.
LA Luxury Development Receives $24M Loan
PacTen Partners secured the loan for the construction of a 140-unit transit-oriented condominium project located in the heart of the city.
Metro LA Community Changes Ownership in $21M Deal
MWest Holdings financed the acquisition of Harbor Terrace with a $15.8 million loan held by Prime Finance Partners. The new owner will renovate and rebrand the asset.
JV Buys $365M Community in LA
The 350-unit property in the Westwood neighborhood also features 50,000 square feet of retail space. The acquisition was financed by a $160 million loan.
CIM Group Completes 2 LA Communities
CIM Group has finished the development of a 50-unit development in Silver Lake near East Hollywood. The firm also delivered Elevate, the second phase of a three-phase development in West Los Angeles.
California’s Apartment Industry Eyes Wildfire Recovery Plan
As wildfire season approaches, state legislators are considering a comprehensive package, including a fund that would help keep utilities financially stable after major fires.
Historic Landmark Changes Hands in West Hollywood
Casa Real encompasses 60 units and is located within walking distance of Sunset Boulevard. New owner Concord Capital Partners used a $13.9 million loan to purchase the $17.3 million asset.