Helio Group Spends $67.6MM to Buy 135-Unit Cobalt Apartments in Los Angeles

(EDITOR’S NOTE: According to public documents reviewed by The Registry, the property sold for $67.7 million, or roughly $501,481 per unit.) LOS ANGELES, Calif., Feb. 14, 2024 – Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced today the sale of Cobalt Apartments, a 135-unit multifamily property with 14,754 square feet […]