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.
Bellwether Arranges Refi for Long Beach Multifamily Asset
The owner will carry out a number of energy efficient improvements in order to comply with the loan’s requirements.
BRAD Management Picks up Two South Pasadena Residential Buildings
The financing for the acquisition and renovation of the two assets was provided by Thorofare Capital.
San Fernando Valley Community Scores $73M
Marcus & Millichap’s IPA division closed the sale of one of only two multifamily assets in Chatsworth, Calif., with more than 200 units.
CBC Advisors Closes Record Sale in Redondo Beach
The multifamily property sold at a record breaking rate of $719,875 per unit.