Institutional Property Advisors (IPA), a division of Marcus & Millichap, closed the sale of La Vista Apartments, a 460-unit multifamily asset in Santa Maria, for $116 million or $252,174 per unit. According to... Read more »
Marcus & Millichap finalized the sale of The Chelsea Collection, a 13-property multifamily portfolio of 147 units in Manhattan’s Chelsea neighborhood. The portfolio traded for $94.5 million, representing one of the most... Read more »
In its second Beverly Hills office sale of 2024, Tishman Speyer sold 9242 Beverly Blvd. to Envision and Faring. The $90-million sale price equals $675 per square foot. Tishman Speyer acquired the 133,000-square-foot 9242 Beverly in... Read more »
A self-proclaimed identity thief based in Nigeria claimed responsibility over the puzzling, and now court-blocked, auction of Elvis Presley’s historic Graceland mansion. The thief sent an email to the New York Times... Read more »
The Boulder Group, a net-leased investment brokerage firm, completed the sale of a single-tenant P.F. Chang’s located at 2361 Fountain Square Drive in Lombard, Illinois, for $4,782,500. Randy Blankstein and Jimmy Goodman... Read more »
CBRE arranged the $12.05-million sale of 6060 Cornerstone Ct. West, a 67,099-square-foot office building in San Diego, to a local private investor, Sorrento Biotech Center LLC, which plans to convert the property for life... Read more »
Berkadia closed the sale and financing of Marquee, a 236-unit, garden-style multifamily property in North Hollywood. Senior managing director Adrienne Barr and director of transaction services Nancy Badzey of Berkadia Los Angeles led the off-market transaction. Senior... Read more »
Lee & Associates arranged the sale of 831 E. Huntington Dr., also known as Huntington Professional Center, a professional office and medical center, in Monrovia. The buyer and seller were not disclosed.... Read more »
Stos Partners, in partnership with multifamily operator Apartment Worth and an institutional investor, closed the sale of 938 N. Fig St., a 14-unit townhome complex in Escondido. The property sold for $7.9 million,... Read more »
The storied Ambassador Auditorium in Pasadena, which was long considered one of the region’s top classical music venues, is for sale after being owned by a local church for the last two... Read more »