Rockpoint, a Boston-based real estate private equity firm, has acquired Wilshire Margot, a 97-unit multifamily property located at 10599 Wilshire Blvd. in the Westwood neighborhood of Los Angeles. Although sale terms were... Read more »
As Los Angeles regulatory policies and increasing operating costs drive out mom-and-pop landlords, the city’s rental landscape is undergoing an ownership shift with implications for pricing and housing stock quality. “Demand to... Read more »
Anna Katherine Scanlon was having sushi in Marina Del Rey when she received an urgent text from her best friend. “Just saw another place that was awful.” Scanlon’s best friend, who was... Read more »
Two mixed-use apartment projects in Santa Monica can now move forward thanks to a fresh injection of funding for developer Cypress Equity Investments. Los Angeles-based Cypress secured a $170 million construction loan... Read more »
Lendlease and joint venture partner Aware Super announced the opening of Habitat in Los Angeles along with welcoming the building’s first residents. The two-building live-work-thrive campus features luxury apartments, creative offices and restaurant-ready retail... Read more »
Colliers closed the sale of Parc @ 5, a 104-unit garden-style apartment community located in the gateway city of North Downey. The buyer, B.A.G. Investments, Inc., acquired the asset from Parc @... Read more »
Los Angeles multifamily developers are stepping on the gas while much of the country pumps the brakes. Builders kicked off more than 4,000 apartment units across Greater Los Angeles in the first... Read more »
Advanced Real Estate has made what is reportedly Southern California’s largest multifamily buy year to date, purchasing the 200-unit Columbia Square Living, which has been renamed Sky Hollywood; and the 193-unit Jardine... Read more »
“Saturday Night Live” alum Rachel Dratch has prepared her New York City apartment for a new stage in life now that her son has moved into his teenage years—and a more grown-up... Read more »
Nuveen Rel Estate has sold San Regis, a 390-unit multifamily property in the Van Nuys neighborhood of Los Angeles, for an undisclosed sum. The sale represents the largest multifamily transaction by unit count in Van Nuys since 2015, according... Read more »