Multifamily news in Market Rate Housing - Los Angeles
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Top California Markets for Multifamily Deliveries
New product accounted for some 10,000 units across the state's top 10 markets, according to Yardi Matrix data.
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NorthMarq Arranges Los Angeles Property Sale
The 109-unit community offers easy access to downtown Los Angeles and the University of South California’s Health Science Campus.
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CGI Strategies Lands $42M Refi for Koreatown Apartments
Located in the heart of the trendy neighborhood, the recently developed 122-unit property is almost fully occupied.
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Opportunity Housing Group Buys California Property for $100M
Institutional Property Advisors represented the sellers in the disposition of the 261-unit community in Monrovia, Calif.
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JLL Arranges $173M in Multifamily Financing
The 14 Fannie Mae loans will be used for acquisitions and refinancings for properties in Idaho, Georgia, Oregon and California.
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Cityview Scores Funding for $125M Los Angeles Project
The opportunity zone development, which will start construction this month, will feature 296 apartment units and retail space.
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How to Build Against Wildfires
RAAM Construction’s Nick Wilson talks about the impacts of the wildfires in Southern California and unveils some techniques used to build defensively against wildfires.
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CLG Completes $120M Los Angeles Project
The mixed-use development has 228 apartments and 25,000 square feet of office space.
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Advanced Real Estate Services Secures $240M Refi for Multifamily Portfolio
NorthMarq arranged the Freddie Mac and Fannie Mae loans for six communities totaling 1,223 units in Southern California.
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TA Realty Acquires Los Angeles Westside Community
Institutional Property Advisors brokered the $65 million sale of Avalon Venice on Rose.
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CBRE Facilitates Sale of Los Angeles-Area Community
In July, CBRE’s brokerage team also arranged the sale of a 72-unit property in Los Angeles’ Koreatown. The community sold for $32.4 million at a 4 percent cap rate.
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Los Angeles Opportunity Zone Project Breaks Ground
Mountain Pacific Opportunity Partners plans to deliver the multifamily and retail development in summer 2022.
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Berkadia Secures Preferred Equity for Los Angeles Purchase
Chinmay Bhatt, Noam Franklin and Cody Kirkpatrick delivered the financing partner for the 147-unit community’s acquisition.
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CBRE Arranges Sale of 62-Unit Los Angeles Community
Executive Vice President Priscilla Nee represented the seller, a private local investor.
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Jamison Properties Sells Koreatown Property for $32M
Completed in 2018, the 72-unit Maya Apartments changed ownership at a 4 percent cap rate.