Los Angeles
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.
Talonvest Secures $7M Acquisition Loan
The firm arranged the loan on behalf of Multifamily Investment Partners for a 42-unit community in Van Nuys, Calif.
Prana Investments Buys 3 in LA for $18M
The portfolio acquisition is a value-add transaction, with the firm planning to invest in renovations at the communities.
CGI Strategies Debuts LA Short- and Long-Term Housing
The KODO is the first fully furnished luxury development in the Koreatown neighborhood and includes biweekly housekeeping, continental breakfast and EV charging stations.
On the Market: 5 Interesting Listings for the Week of 3/12
This week’s listings include a newly constructed asset in Culver City, Calif., which includes ground-floor retail, as well as a community in southern Dallas near the booming I-45 industrial sector.
Socal Asset Sells for $75M
The Bascom Group bought the 235-unit, Class A property, and CBRE secured debt financing for the acquisition.
LA Community Trades for $9M
Matthews Real Estate Investment Services brokered the sale of a 56-unit Van Nuys community. The sale price equates to $272.8 per square foot.