Los Angeles
Low-Income Senior Housing Community Changes Hands in CA
Lee & Associates facilitated the $8.7 million sale. The previous owner recently upgraded Aurora Village—located in an Opportunity Zone—with solar electric and water heating systems.
Upscale Mixed-Use Community Opens in LA
Developed by the Korda Group, the 138-unit luxury apartment building was designed to blend into the surrounding neighborhood’s Art Deco style.
Holland Partner Group Wraps Up 2 LA Towers
Designed by MVE + Partners, the pair of multifamily high-rises encompasses 575 luxury residential units, part of the downtown area’s boom in housing supply.
Affordable LA Community Opens 1st Phase
Affirmed Housing Group and PATH Ventures have finished work on a 65-unit development dedicated to formerly homeless individuals. The building is part of a 187-unit project.
Nonprofit Breaks Ground on Affordable LA Project
Clifford Beers Housing’s Vistas del Puerto Apartments in Long Beach encompasses 47 apartments for formerly homeless individuals and families as well as residents with chronic health conditions.
Affirmed Housing Breaks Ground on LA Supportive Housing
Aria, a 57-unit development, is one of the first in the city funded through the $1.2 billion HHH bond measure passed in 2016.
Freddie Mac, NEF Launch New LIHTC Fund
The fund’s first three investments in Houston and Los Angeles total more than $60 million and come several months after Freddie Mac re-entered the LIHTC market.
Luxury Community Opens in LA
Strategic Legacy Investment Group’s development is located in the Ladera Heights neighborhood, about 4 miles from Los Angeles International Airport and 13 miles from the city’s downtown.
Massie Capital Management Secures $23M for LA-Area Community
HFF worked on behalf of the borrower to arrange the financing deal for William Penn Apartments, a 189-unit building in the Koreatown neighborhood.
Long Beach Property Sells for $72M
Berkadia arranged the disposition of The Landing at Long Beach on behalf of the seller. The new owners plan to invest $28,000 per unit for upgrades.