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Home Finance Douglas Emmett Purchases Luxury 120-Unit Santa Monica Apartment Community for $330MM
FinanceIndustry NewsLos AngelesResidential

Douglas Emmett Purchases Luxury 120-Unit Santa Monica Apartment Community for $330MM

May 17, 20221 Mins read669
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By Catherine Sweeney The Irvine Company has recently recorded one of its largest multifamily sales. In a deal that closed on April 27, but was just recently recorded in public documents, the Newport Beach-based investment company sold a 120-unit luxury apartment complex in Santa Monica  for $330 million, or about $2.75 million per unit. Public […]

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