GPI Companies completed the acquisition of The Lofts at NoHo Commons, a 292-unit, Class A podium-style multifamily project in North Hollywood. The transit-oriented, mixed-use property in the North Hollywood Arts District was originally... Read more »
Creative Media & Community Trust has turned the top floors of an office building in Mid-Wilshire into luxury apartments. The Dallas-based real estate investment trust, a publicly traded unit of CIM Group,... Read more »
CBRE arranged the $10.15-million sale of the 44-unit Ramona Oaks Apartments at 3401 Ramona Drive in Riverside. The firm’s Eric Chen, Kevin Sin and Blake Torgerson represented both the buyer, WeJ&J LLC, and the seller, AB Ramona Oaks.... Read more »
CBRE closed the sale of a seven-unit multifamily property in Anaheim to a private investor for $2,525,000. The selling price represents $360,714 per unit and $388 per square foot. EVP Dan Blackwell and... Read more »
A Los Angeles housing agency has paid $43.4 million to buy a 120-unit apartment complex in South L.A. The Housing Authority of the City of Los Angeles purchased the three-story building at... Read more »
Astor Cos. purchased a multifamily development site in the Little Havana neighborhood of Miami for $10 million. Sunny Management sold the 1.17-acre site at 315 N.W. 27th Ave. to Astor Cos. Eddie... Read more »
(Updated with additional information) Colliers arranged the $43,440,000 sale of a three-story, 120-unit apartment community in the historic Los Angeles neighborhood of La Fayette Park. Located on a wide, tree-lined street at... Read more »
Renters in Los Angeles are gravitating towards higher-end, luxury apartments. Renters seeking top-tier apartments have been a crucial driver of apartment demand, with vacancies in four- and five-star ranked apartments falling to... Read more »
Robert and Stefanie Stevenson Family Trust plans to build a multifamily apartment complex at 4728 San Fernando Road in Glendale, according to plans filed in February with the City of Glendale’s Planning... Read more »
Marcus & Millichap Capital Corporation (MMCC) arranged $5,000,000 for the refinancing of Larson Apartments, located at 8101 Larson Ave. in Garden Grove. Ron Balys, SVP, capital markets, based out of MMCC’s Orange... Read more »