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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.
Hollywood Micro Apartments Tempt Investors
Hollywood apartment community acquired following George Smith Partners-arranged financing measure.
One Year After Grand Opening, Juanita Tate Marketplace Acquired by Optimus Properties
The Juanita Tate Marketplace in Los Angeles was recently acquired by locally based Optimus Properties LLC. The redevelopment project located at the corner of Slauson Avenue and Central Avenue is a venture that has taken its developers nearly 17 years to complete. Developed by a partnership consisting of Infinity Redevelopment LLC, the Concerned Citizens of South Central Los Angeles and the Community Redevelopment Agency of the City of Los Angeles, Juanita Tate Marketplace is regarded as “an incredible asset that serves a very underserved community in a first class fashion” by its new owner.
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