Cory StehrView All Tags
Lee & Associates Executes Two Transactions for $64M
Lee & Associates completed an acquisition of a portfolio that was contingent on the divestiture of another.
San Fernando Valley Luxury Asset Acquired for $44 Million
A private investor recently completed the acquisition of a residential asset in Encino, CA for a reported amount of $44 million. According to real estate firm Lee & Associates, the property was acquired from IMT Capital, a Sherman Oaks, CA-based company. The off-market transaction was completed with the assistance of Lee & Associates – LA North/Ventura Managing Director and Principal Jim Fisher, Lee Principal Mike Smith and Associate, Cory Stehr. The buyer was in a 1031 Exchange, and acquired the property as a long-term investment.
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