Marcus & Millichap has closed the sale of Vincent Village, a 40-unit apartment property located at 4810 N. Vincent Ave. in Covina. The property sold for $8.2 million, or $205,000 per unit,... Read more »
Nuveen has offloaded a five-building apartment complex in Van Nuys to a locally based real estate firm. Beverly Hills-based Post Investment Group purchased the 390-unit San Regis apartments at 15454 Sherman Way... Read more »
Three new apartment properties in Echo Park are hitting the market. Aragon Properties is listing the 190-unit portfolio less than two years after they were completed, L.A. Business First reported. The collection... Read more »
Douglas Emmett’s housing plans for the corner of Wilshire and Westwood Boulevards are coming into focus. On Wednesday, the Santa Monica-based real estate investment trust filed an application with the City of... Read more »
A mixed-use residential development is slated to rise across the street from Apple’s forthcoming office complex in Mid-City, bordering the edge of Culver City. An application filed with the Los Angeles Department... Read more »
A Hollywood apartment property just traded hands for the highest per-unit price in the neighborhood in years. Sophia Hollywood, a 28-unit Class A property at 1759 North Gower Street, sold for $16... Read more »
Another multifamily property in the Los Angeles area has traded hands. Parc @ 5, a 104-unit apartment community in Downey, sold to Culver City-based investor B.A.G. Investments for $40 million, L.A. Business... Read more »
An Encino apartment building traded hands for the first time in nearly a decade, serving as the latest evidence of investor appetite for Los Angeles multifamily properties despite sluggish rent growth across... Read more »
Real estate investment and operating platform Ballast has acquired a trophy portfolio of three historic multifamily buildings in San Francisco for $48.5 million. Collectively known as the “Three Sisters,” the 1928-vintage properties... Read more »
Colliers arranged the sale of The Baxter, a newly constructed, mid-rise luxury apartment community located at 1818 N. Cherokee Ave. at the base of the Hollywood Hills. Vice chair Kitty Wallace represented... Read more »