45-Unit Garden Apartment Property Trades in LA’s Palms Neighborhood

45-Unit Garden Apartment Property Trades in LA’s Palms Neighborhood

Northmarq’s Los Angeles Investment Sales team of Mike Hanassab, Steven Goldstein and Elliot Hassan arranged the $13.125 million sale of 3717 Cardiff Ave., a 45-unit garden apartment community located in the Palms neighborhood of Los Angeles, near Culver City.... Read more »
Inland Real Estate Group Offloads Lakewood Apartment Community for .5M

Inland Real Estate Group Offloads Lakewood Apartment Community for $71.5M

Inland Real Estate Group sold Westlink at Oak Station at 1665 Pierson St. in Lakewood for $71.5 million. Inland bought the property in 2016 for $63 million. Amenities at the community include... Read more »
Glendale Developer Details Pacific-Edison Apartment Project

Glendale Developer Details Pacific-Edison Apartment Project

A developer is downsizing its proposed multifamily development in Glendale more than two years after the plans first surfaced.  A new application filed with the City of Glendale outlines new plans from... Read more »
Bastion Ups Apartment Count at Los Angeles Development Site

Bastion Ups Apartment Count at Los Angeles Development Site

Bastion Development is moving forward with new plans for a mixed-use project on the border between Los Angeles’ Mar Vista and Culver City.  The Vancouver-based firm submitted a new application with the... Read more »
Downtown L.A. World Trade Center to become affordable apartments

Downtown L.A. World Trade Center to become affordable apartments

An aging downtown office complex will be converted into apartments as part of an ambitious plan by local real estate companies to create 4,000 affordable housing units in Los Angeles. The first... Read more »
Los Angeles Apartment Occupancy Falls Below 94 Percent

Los Angeles Apartment Occupancy Falls Below 94 Percent

Apartment occupancy in Los Angeles County has fallen to a level not seen in several years.  In the first quarter, multifamily occupancy dropped to 93.9 percent, L.A. Business First reported, citing a... Read more »
Planning Commission Approves Silver Lake Apartment Proposal

Planning Commission Approves Silver Lake Apartment Proposal

Developers secure the go-ahead from the Los Angeles City Planning Commission for an apartment complex in Silver Lake despite local pushback.  The commission gave the green light to a proposal from co-applicants... Read more »
Largest Apartment Project in Beverly Hills Scores Financing

Largest Apartment Project in Beverly Hills Scores Financing

Abraham Assil’s persistence is closer to paying off. His firm Westland Development Group’s Beverly Hills development site that spent more than a decade in the entitlement pipeline is moving into construction after... Read more »
342 Apartment Units Planned Near Big Rivers Waterpark

342 Apartment Units Planned Near Big Rivers Waterpark

The Crossing at Big Rivers, a 342-unit multifamily housing community, is being planned near Big Rivers Waterpark & Adventures in New Caney (shown). The $60 million development at 24101 Big Rivers Road will comprise... Read more »
Sentinel Real Estate Acquires Luxury Apartment Community in Potomac

Sentinel Real Estate Acquires Luxury Apartment Community in Potomac

Sentinel Real Estate has acquired The Perry, a luxury multifamily community located at 12430 Park Potomac Avenue in Potomac, Maryland, approximately 10 miles northwest of downtown Washington, D.C. Featuring modern construction, spacious... Read more »