Residential
Lincoln Avenue Capital Acquires 354-Unit Multifamily Property in Chatsworth for $101.8MM
Los Angeles –– CBRE announced the sale of the 354-unit apartment building in Chatsworth, Calif. for $101.8 million to Lincoln Avenue Capital, a...
GID Purchases 335-Unit Multifamily Community in Orange County for $182.5MM
LA HABRA, Calif. (December 7, 2021) – The Valentia Apartment Homes, a Class-A multifamily community consisting of 335 market-rate units in the North Orange County...
Grosvenor, Intracorp, Sell 290-Unit Apartment Community in Fullerton for $168MM
Grosvenor Americas (‘Grosvenor’), a privately owned international owner and developer, and Intracorp, one of North America’s largest developers of multifamily homes, announced that...
LaTerra Development Buys Fully Entitled 228-Unit Multifamily Development Site in Perris for $8.2MM
LOS ANGELES — LaTerra Development, a Los Angeles-based multifamily developer, has acquired a fully entitled apartment development site for $8,200,000 in the city...
Cimmarusti Development Proposes 294-Unit Residential Tower in Glendale
By Catherine Sweeney A local family development company is proposing a major change to an underutilized commercial office building in Glendale. Currently in...
52-Unit Multifamily Property in Los Angeles Hits Market with $13.5MM Asking Price
By Catherine Sweeney A 52-unit multifamily property in the Westlake neighborhood of Los Angeles has recently been listed for sale, offering potential buyers...
Xenon Investment Buys 33-Unit Multifamily Property in Hollywood for $7.5MM
Los Angeles –– CBRE announced the sale of Hollywood Apartments in Los Angeles to investor Deepak Mehta and Xenon Investment Corp. for $7.5...
Waterford, CSCDA Acquire 472-Unit Multifamily Portfolio in Pomona for $149MM
Newport Beach, CA – Waterford Property Company (Waterford) in partnership with California Statewide Community Development Authority (CSCDA), a joint powers authority, has announced...
LaTerra Purchases 42-Unit Apartment Complex in West Hollywood for $29MM
(EDITOR’S NOTE: According to Institutional Property Advisors, the property sold for $29 million, or approximately $690,476 per unit.) WEST HOLLYWOOD, Calif. – Institutional...
Decron Properties Sells 504-Unit Multifamily Portfolio in Simi Valley for $190MM
SIMI VALLEY, Calif. – Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced today the sale of a two-property,...
36-Unit Multifamily Property on Market in Carson for $10.25MM
By Catherine Sweeney A 36-unit multifamily property in Carson has recently hit the market, with an asking price of $10.25 million, or approximately...
161-Unit Luxury Apartment Complex Rises in Hollywood
By Catherine Sweeney After breaking ground in 2018, Alta Ink, a new luxury apartment development in Hollywood, has been completed. The project was...
