Santee Apartments Change Hands for .5M

Santee Apartments Change Hands for $26.5M

CBRE arranged the $26.5-million sale of La Roca Plaza, a 100-unit multifamily property located at 10032 N. Magnolia Ave. in Santee. Casa La Roca Apartments LLC acquired the property from La Roca Plaza... Read more »
Thousands of apartments set to take over empty office buildings with new L.A. ordinance

Thousands of apartments set to take over empty office buildings with new L.A. ordinance

Los Angeles officials just made it easier to convert empty commercial buildings to housing, opening the door to the creation of thousands of apartments across a city clamoring for housing. Developer Garrett... Read more »
Cityview, Stockbridge Wrap Construction on Apartments in LA’s South Bay

Cityview, Stockbridge Wrap Construction on Apartments in LA’s South Bay

Cityview and Stockbridge have completed Apollo, a 265-unit multifamily community located at 12888 Crenshaw Blvd. in Gardena, within Los Angeles’ South Bay. Now leasing, Apollo is located in a rapidly growing area of... Read more »
Ex-Disney Employee Buys Azusa Luxury Apartments

Ex-Disney Employee Buys Azusa Luxury Apartments

A newly built residential and retail building in Azusa has been purchased by a private investor with ties to the “Happiest Place on Earth.”  An affiliate of Richard Battaglia, a former Walt... Read more »
CBRE Closes M Sale of Azusa Apartments

CBRE Closes $53M Sale of Azusa Apartments

CBRE arranged the sale of Lumia, a newly constructed mixed-use multifamily community located at 850 N Azusa Ave. in Azusa, to Lumia Azusa LLC for $53 million. The CBRE team of Chris Tresp, Derrek Ostrzyzek, Rachel Parsons, Mike Murphy and Kenji Thomas represented... Read more »
San Pedro City Block Sells for Future Apartments

San Pedro City Block Sells for Future Apartments

High Street Residential is moving forward with another multifamily development in San Pedro, securing the land necessary for the project.  A joint venture between Trammell Crow Company subsidiary High Street Residential and... Read more »
High Street Residential, Haseko Close on Land and Loan for San Pedro Apartments

High Street Residential, Haseko Close on Land and Loan for San Pedro Apartments

High Street Residential (HSR), the residential subsidiary of Trammell Crow Company, and joint venture partner Haseko North America have closed on land and secured a loan for Jules San Pedro, an eight-story,... Read more »
Bascom Venture Sells Oxnard Apartments to Hines for 5M

Bascom Venture Sells Oxnard Apartments to Hines for $105M

Bascom Northwest Ventures, LLC closed announce the sale of Tempo at Riverpark Apartments in Oxnard. The 235-unit property was sold by a Bascom-affiliated venture for $105,000,000 to a venture led by Hines.... Read more »
Developer Applies to Replace Koreatown Home With Apartments

Developer Applies to Replace Koreatown Home With Apartments

For the second time this decade, a single-family home in Koreatown appears poised to become a new multifamily building.  Project applicant Jafar Shahbaz has filed plans with the Los Angeles Department of... Read more »
Hollywood Boulevard Apartments Sell for 1 Million

Hollywood Boulevard Apartments Sell for $161 Million

The sale price for a multifamily and retail community on Hollywood Boulevard has been revealed.  Last month, Madison International Realty partnered with multifamily owner and operator Big 4 Properties to acquire El... Read more »