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Home Finance FPA Multifamily Pays $186MM for 525-Unit Luxury Residential Complex in Downtown Los Angeles
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FPA Multifamily Pays $186MM for 525-Unit Luxury Residential Complex in Downtown Los Angeles

March 12, 20241 Mins read1.2k
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By Catherine Sweeney A 34-story luxury tower in the heart of Downtown Los Angeles has recently traded hands. CIM Group has sold 888 at Grand Hope Park for $186 million, or approximately $354,285 per unit, according to a report from The Real Deal. The property was purchased by San Francisco-based FPA Multifamily with a $105 […]

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