Los Angeles
KeyBank Arranges $248M for LA Student Housing
G.H. Palmer Associates’ Lorenzo serves students attending the University of Southern California, Loyola Law School and the Fashion Institute of Design and Merchandising and is currently 95 percent leased.
Marcus & Millichap Facilitates CA Townhomes Sale
The firm represented the seller and arranged a 10-year, $10.8 million acquisition loan on behalf of the buyer for the 52-unit community.
Fundamentals Flourish in LA
Increased investor interest in the metro’s multifamily assets is driving property values to new highs, while keeping acquisition yields at nationwide lows.
Greysteel Secures $9M Refi for LA Community
The company arranged the loan for Appletree Village Apartments, a 125-unit affordable housing community located in North Hills, Calif.
Wood Partners Opens LA Community
The 280-unit Fifty Five Fifty broke ground in late 2015, and the property offers a mix of affordable and market-rate apartments.
TMG Arranges Sale of CA Community
United Development Group traded Casa Del Sol Apartments, a 205-unit community in Bakersfield, to a San Fernando Valley-based private investor.
LA Community Sells for $24M
HFF brokered the sale of Infinity West, a 43-unit property located in West Hollywood, on behalf of the seller, Bolour Associates.
MWest Holdings to Renovate Historic LA Apartments
The company and GreenOak Real Estate have acquired the 132-unit Santa Fe Lofts, a historic Beaux Arts-style building in the Gallery Row District.
Greystar Buys $84M CA Property
The firm acquired Pacific Court Apartments, a transit-oriented and value-add property in downtown Long Beach. The buyer plans to upgrade the interior as well as the communal area amenities.
LA-Area Property Sells for $45M
Berkadia brokered the sale of Sunset Plaza, a 183-unit property located in West Covina. The firm represented both the seller and the buyer in the transaction.