Los Angeles
On the Market: 5 Interesting Listings for the Week of 7/16
This week’s listings include a newly constructed luxury community in Boston, a 1920s-era property in Los Angeles and more.
CA Affordable Senior Housing Lands $20M Refi
Located 10 miles east of central L.A., the 189-unit Beverly Towers provides housing for tenants 62 and older, with incomes less than 80 percent of median income.
LA Senior Housing Breaks Ground
Related Cos. and Community Development Corp.’s The Curve @ West Angeles will have 70 units, including 29 for very-low-income residents.
CA Property Sells for $16M
Avison Young has arranged the sale of the 28-unit property located in Culver City, approximately 10 miles from downtown Los Angeles.
On the Market: 5 Interesting Listings for the Week of 6/25
This week’s listings include an heirloom property near Roxbury Park and Century City in Beverly Hills, a community in the heart of Texas that is primed for Fannie or Freddie green financing, and more.
$39M Affordable Housing Breaks Ground in LA
Meta Housing Corp. has started construction on Whittier & Downey. The transit-oriented community will feature 35 units.
Canfield Development Builds $22M LA Apartments
The Kenmore, a 69-unit development in Koreatown, will be designed by Nadel Architects and include VIP cabanas, a spa and a package-delivery system.
SoCal Community Sells for $5M
Stepp Commercial brokered the sale of the property located in the Bixby Knolls neighborhood of Long Beach, Calif.
MRK Partners Takes LA Pair for $109M
Located in Claremont and Santa Fe Springs, Calif., the 38-year-old communities total almost 300 units. CBRE’s Affordable Housing team secured Freddie Mac financing and represented the seller.
MWest Holdings Expands SoCal Footprint
The company has added to its portfolio Sunset Gardens, a value-add townhome community located in Canoga Park, Calif. The property will be rebranded as NoVa Townhomes.