Los Angeles
Marcus & Millichap Closes LA-Area Sale
The two-building, 48-unit multifamily asset sold for $12.5 million.
JRK Acquires Second Oxnard Apartment Community for $30M
The L.A.-area property features one-, two- and three-bedroom units ranging from 695 to 1,085 square feet in 15 two- and three-story buildings.
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.