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Home Finance Kilroy Cashes Out of Hollywood with $202MM Sale of 393-Unit Columbia Square Living and Jardine Towers
FinanceIndustry NewsLos AngelesResidential

Kilroy Cashes Out of Hollywood with $202MM Sale of 393-Unit Columbia Square Living and Jardine Towers

April 28, 20263 Mins read1.8k
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The $514,000-per-unit transaction strips Kilroy of nearly all its Los Angeles multifamily exposure and delivers a $61.8 million impairment as the REIT pivots away from operating Hollywood rentals. Kilroy Realty Corporation has exited most of its Los Angeles multifamily footprint, closing the $202.0 million sale of two luxury Hollywood apartment towers in April after marketing […]

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Del Mar California Public Welcome Sign Previous post Kilroy Sheds 39,000 SQFT Del Mar Tech Center for $21MM in San Diego Capital Recycling Push

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