Jury Adds B to Legal Verdict Dividing Jogani Family’s Billion-Dollar Portfolio

Jury Adds $3B to Legal Verdict Dividing Jogani Family’s Billion-Dollar Portfolio

A two-decade-long court battle over a vast Los Angeles real estate fortune within the Jogani family ended this week with a payout verdict valued at $10 billion. An L.A. jury added $3... Read more »
Inside Shashikant Jogani’s B-Plus Apartment Portfolio

Inside Shashikant Jogani’s $1B-Plus Apartment Portfolio

Last week, Shashikant Jogani won a payout of $1.8 billion.  He also scored a 50 percent stake in a 17,000-unit apartment portfolio, sprawled across Los Angeles’ San Fernando Valley, after a jury... Read more »
Medical Building Portfolio Trades for M

Medical Building Portfolio Trades for $86M

JLL has arranged the $86 million sale of a collection of four mission-critical medical properties totaling over 181,000 square feet located in the Chicago, Illinois, area as well as Arizona and Florida.... Read more »
Medical Building Portfolio Trades for M

Colliers Steers Tax-Efficient Disposition of Multifamily Portfolio

Colliers arranged a five-property apartment portfolio sale for longtime client Rio Properties, closing separate transactions valued at approximately $30 million in total. The assets are situated across the Venice, Oakland, Los Angeles... Read more »
Rio Properties sells apartment portfolio in LA and Oakland for M

Rio Properties sells apartment portfolio in LA and Oakland for $30M

Rio Properties has sold a portfolio of five apartment buildings in Los Angeles and Oakland to multiple buyers in deals worth about $30 million. The Westchester-based firm run by David Darling sold... Read more »
WS Communities Loses Control of 50% of Its Portfolio

WS Communities Loses Control of 50% of Its Portfolio

WS Communities’ Neil Shekhter, Hankey Capital’s Don Hankey, Lightstone Capital’s Eugene Rozovsky and Madison Realty Capital’s Josh Zegen with 7810 Topanga Canyon Boulevard, 11611 Blucher Avenue and 1550 Lincoln Boulevard (Kevin Scanlon,... Read more »
Medical Building Portfolio Trades for M

ExchangeRight Fully Subscribes 13-State DST Portfolio

Pasadena-based ExchangeRight, a provider of diversified real estate DST and REIT investments, has fully subscribed Net-Leased Portfolio 63 DST, a $125,802,000 offering featuring 510,625 square feet of grocery, healthcare, and necessity-based retail... Read more »
Medical Building Portfolio Trades for M

Decron Divests Thousand Oaks Portfolio for $171M

Institutional Property Advisors (IPA), a division of Marcus & Millichap, arranged the $171.25-million sale of a two-property, 399-unit multifamily portfolio in Thousand Oaks. The portfolio includes Los Robles Apartments, a 253-unit asset... Read more »