IPA Closes Sale of Student Housing Adjacent to UCLA

IPA Closes Sale of Student Housing Adjacent to UCLA

Institutional Property Advisors (IPA), a division of Marcus & Millichap, CLOSED the sale of Axiom Westwood, a four-building, 153-unit student housing portfolio adjacent to the University of California, Los Angeles (UCLA) in the... Read more »

Palais Vénitien, Cannes – €105M sale

 Everyone says it took 10 years to sell. That’s not the problem. That’s the strategy. 🏛️ Palais Vénitien, Cannes — what’s really behind this €105M sale This is one of those deals... Read more »
Sale of East Hollywood Affordable Entailed Three Separate Government Approvals

Sale of East Hollywood Affordable Entailed Three Separate Government Approvals

The LAAA Team of Marcus & Millichap closed on the sale of 1536 N Serrano Ave, a 42-unit LIHTC community in East Hollywood, for $7,600,000. The team noted that three separate government... Read more »
Gutted Holmby Hills Estate for Sale for Nearly  Million

Gutted Holmby Hills Estate for Sale for Nearly $35 Million

A Holmby Hills estate with a high design pedigree is back on the market with a price cut and a fully gutted interior. The Georgian-style mansion at 10790 Bellagio Road is asking... Read more »
Seven Bel Air Homes for Sale for 5 Million Total

Seven Bel Air Homes for Sale for $105 Million Total

A Bel Air property consisting of seven houses is heading to auction, but not before asking nine figures for the entire package.  The roughly 15.9-acre property, spanning nine parcels and seven homes... Read more »
Jean Harlow’s Former Holmby Hills Home For Sale

Jean Harlow’s Former Holmby Hills Home For Sale

A well-positioned buyer in Los Angeles has the chance to slip into something more comfortable. A Colonial Revival mansion in Holmby Hills built for Old Hollywood legend Jean Harlow has hit the... Read more »

Do pocket listings really boost sale prices, a new study tests it

In a preprint paper analyzing more than 700,000 home sales in the Dallas-Fort Worth metro area, researchers found that homes sold off-market — and entered into the MLS with zero days on... Read more »
The Real Lesson From The Florida ChatGPT Home Sale Story

The Real Lesson From The Florida ChatGPT Home Sale Story

A recent Florida story about homeowner Robert Levine using ChatGPT to sell his house without a real estate agent is getting a lot of attention. In his article, “Florida Man,  ChatGPT, and... Read more »
Northgate Closes Bankruptcy Sale at 54% Premium Over Opening Bid

Northgate Closes Bankruptcy Sale at 54% Premium Over Opening Bid

Northgate Real Estate Group closed on a seven-building Brooklyn multifamily portfolio for $18.6 million, a 54% premium over the $12.1-million opening bid. The sale was conducted live and online and approved by... Read more »
Marcus & Millichap’s Azzi Group Closes Van Nuys Sale

Marcus & Millichap’s Azzi Group Closes Van Nuys Sale

The Azzi Group of Marcus & Millichap has closed the sale of 6121 Woodman Ave., a 45-unit apartment property in Van Nuys. The sale price was $9 million, or $200,000 per unit,... Read more »