San Fernando Valley Apartment Portfolio Fetches M

San Fernando Valley Apartment Portfolio Fetches $85M

The Azzi Group at Marcus & Millichap closed 2024 with the $85-million sale of the San Fernando Valley portfolio. The portfolio featured 596 apartment units across 16 parcels, reportedly making it the largest... Read more »
San Fernando Valley Apartment Portfolio Fetches M

Leon Closes Financing on Morrisville Apartment Project

Leon Capital Group secured $58 million in construction financing for its 303-unit multifamily development in Morrisville. ACORE Capital Capital was the lender for the Raleigh/Durham area project at 3000 Bearing Way. David... Read more »
San Fernando Valley Apartment Portfolio Fetches M

Sagard Debuts Value-Add Fund with Riverside Apartment Deal

Sagard Real Estate, formerly EverWest Real Estate Investors, acquired Vista Imperio, a 158-unit suburban garden-style multifamily property in Riverside, for an undisclosed sum. The acquisition is the first for Sagard’s newest, moderate... Read more »
She transformed her tiny apartment in L.A. with thrift store finds

She transformed her tiny apartment in L.A. with thrift store finds

As an art director with a background in theater, Mary Kenny has a flair for interior design that rivals her skills as an event planner in the entertainment industry. For her, there... Read more »
How did you make your Los Angeles apartment feel like home?

How did you make your Los Angeles apartment feel like home?

Los Angeles renters with style, show us your place! The smaller, the better. In a city where home prices are at an all-time high and most are renters — whether an apartment,... Read more »
Neighboring Apartment Properties Trade After 50-Year Hold

Neighboring Apartment Properties Trade After 50-Year Hold

Marcus & Millichap closed the sale of 4642 Oregon St., a nine-unit apartment property, and 4632 Oregon St., an eight-unit apartment property, both located in North Park, San Diego. The assets sold for $2,930,000... Read more »
Artisan Ventures OK’d to Build Apartment Tower in Hollywood

Artisan Ventures OK’d to Build Apartment Tower in Hollywood

Artisan Ventures has beat back an appeal trying to thwart its plans to build a 25-story apartment highrise in Hollywood. The Santa Monica-based developer won support from the Los Angeles City Council,... Read more »
Allegro Capital Moves Ahead on Glendale Apartment Complex

Allegro Capital Moves Ahead on Glendale Apartment Complex

Allegro Capital Partners has moved forward with plans to build a 41-unit apartment complex near a Metrolink station in Glendale. The locally based developer led by David “Randy” Stevenson has run its... Read more »
CIM Group’s CMCT Completes Partial Apartment Conversion of LA Offices

CIM Group’s CMCT Completes Partial Apartment Conversion of LA Offices

CMCT, a REIT operated by affiliates of CIM Group, completed the conversion of the top two floors of a three-story, approximately 143,000-square-foot office building at 4750 Wilshire Blvd. into 68 luxury apartment... Read more »
UCLA Picks Up 62-Unit Apartment Complex in West LA for M

UCLA Picks Up 62-Unit Apartment Complex in West LA for $39M

UCLA has bought a nearly completed complex with 62 apartments in West Los Angeles for $39 million. The University of California paid cash for the five-story Canfield Apartments at 3301 South Canfield... Read more »