Los Angeles
Berkadia Achieves Record Sale in Orange County
The amount represents the largest sale price for a single-asset, market-rate transaction registered in Orange County over the past five years.
Greystar Snaps Up 2 More LA Properties
A Greystar subsidiary, Greystar Equity Partners, has acquired two properties totaling 374 units.
Two Riverside Multifamily Communities Score Refinancing Deals
The assets were both built in the 1950s and are fully occupied.
East Hollywood Community Traded in 1031 Exchange
The rapidly gentrifying submarket determined the hefty price per unit and low cap rate.
Refinancing Of Seven CA Communities Generates $15M
Universe Holdings’ properties include 559 units, with a gross value of $124.8 million.
Long Beach High-Rise Completed by C.W. Driver
Designed to comply with LEED Silver certification requirements, the $70 million project brings market rate apartments in a high-end amenity environment.
Westlake Multifamily Asset Set for Overhaul Following Acquisition
Westlake is a traditionally lower-rated area of Central L.A. that new owner Massie Capital hopes will catch up in terms of rent rates.
Reseda Development Project Acquired by Gelt
The initiative to revitalize the LA River is encouraging development in the area.
Gelt Gets Busy in LA County
The firm recently acquired a 2.4-acre site to develop a new community and an existing property that it plans to give a major renovation.
M West Holdings Snaps Up Asset in Old Bank District
Kennedy Wilson arranged the $37 million deal, with financing provided by Mesa West Capital.