Los Angeles
George Smith Partners Secures Financing for Nine-Property Portfolio
The nine properties fetched a combined $33 million in financing.
NAI Capital Sells LA Residential Hotel for $12M
The Olympic, a 172 micro-unit building, was converted to apartments in 2013.
Walker & Dunlop Taps New Senior VP for Multifamily Division
Levi Brooker has assisted in financing over $1 billion of multifamily transactions.
Greysteel Adds New Sales Director to LA Team
Pettibone is charged with arranging sales and financing for private client and middle-market multifamily properties in several submarkets of Los Angeles.
TruAmerica, Investcorp JV Executes 5th Acquisition
The investment managers purchased the L.A.-adjacent, 552-unit apartment community for $92 million, their fifth and largest joint venture transaction in two years.
$1B Megacomplex to House Park Hyatt’s First L.A. Location
The five-star luxury hotel will be located at Oceanwide Plaza, a towering mixed-use development set to transform downtown Los Angeles.
L.A. County Welcomes Transit-Adjacent Affordable Community
Baldwin Park celebrates the opening of Metro Village, a mixed-use complex for low-income families.
Welltower Completes Billion-Dollar Senior Housing Buy
The firm acquired 18 properties in California, making it the largest owner of senior housing in the state.
L.A.-Area Community Trades for $67M
Pacific Urban Residential acquired IMT Thousand Oaks for more than $350,000 per unit.
JPI, Grand China Fund Team Up for $255M JV
Anaheim’s Platinum Triangle district will be the site of a 747-unit luxury community.