Los Angeles
On the Market: 5 Interesting Listings for the Week of 8/27
This week’s listings include a transit-oriented project in North Hollywood, a newly constructed luxury community in Des Moines and more.
LA-Area Community Sells for $79M
The Korda Group acquired the 288-unit Trails at San Dimas from Stockbridge Capital Group and CNS Focused Investment.
Bolour Breaks Ground on $24M Luxury LA Community
The Riverside development in Silver Lake will comprise 65 units and offer access to a swimming pool, a gym and a club room.
On the Market: 5 Interesting Listings for the Week of 8/17
This week’s list of properties includes a high-end community in Oakland, Calif.; a vintage asset in the Detroit metro area; and an under-construction mid-rise in Jamaica, N.Y.
WNC & Associates Hires New SVP
Ann Caruana will be in charge of the company’s preservation equity funds product line, while also finding, underwriting, negotiating, financing and closing deals.
LA Development Receives $22M Financing
George Smith Partners secured the loan for the development of a 51-unit workforce community located in the Koreatown district.
LA-Area Affordable Senior Housing Lands Refi
The 114-unit community dates back to 2002 and is available for 55-plus residents, earning 60 percent of the area median income.
On the Market: 5 Interesting Listings for the Week of 7/30
This week’s selection includes a vintage community in Newport News, Va.; a new luxury development in Brooklyn; and more.
Bascom Group Buys SoCal Community
The company has procured Island Apartments, a 78-unit property located in Pico Rivera, Calif. Talonvest secured the acquisition financing.
LA-Area Property Commands $66M
HFF brokered the sale of The Andalucia, a 118-unit community located in Pasadena. The asset also features 11 affordable units and 7,500 square feet of retail.