Newmark closed the $16.15-million sale of a multifamily portfolio, known as Westside Trio. Located in highly sought-after neighborhoods of West Los Angeles, the portfolio sold for a blended price per unit of... Read more »
Hackman Capital Partners (HCP) formed a strategic alliance with Laurie Samitaur Smith of Samitaur Constructs to manage the Conjunctive Points Portfolio in Culver City. The portfolio, which Samituar Constructs developed and has owned for more... Read more »
Hackman Capital Partners has partnered with Laurie Samitaur Smith of Samitaur Constructs to manage a 26-building, mixed-use portfolio in Culver City. The locally based Hackman teamed up with the Culver City-based developer... Read more »
Northmarq’s Westlake Village Multifamily Investment Sales team led by Jim Fisher, Mike Smith, Vince Norris and Tommy Yates has listed a four-property senior living portfolio totaling 705 units. Northmarq is representing the seller. Asking price was not disclosed. The mixed-income, age-restricted portfolio... Read more »
Greystar says it’s started construction on its Alpharetta active adult rental community. The Everleigh Deerfield will be located 1010 Meliora Road. Plans for the community include 16 floor plans ranging from 656-square-foot... Read more »
The AIDS Healthcare Foundation has offered a top bid of $53 million to buy a portfolio of a dozen residential buildings on Skid Row. The Hollywood-based nonprofit, the world’s largest charity for... Read more »
As part of the budget request submitted to Congress by President Joe Biden and the White House, the U.S. Department of Housing and Urban Development (HUD) detailed some of its hopes for... Read more »
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 »
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 »
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 »