MetLife Sells 152-Unit LA Apartment Tower at 717 W Olympic for $69MM

Buyer secures $56.8 million financing as downtown market faces elevated vacancy and supply pressures MetLife has offloaded a 22-story apartment tower in Downtown Los Angeles for $68.8 million, or around $452,632 per unit, marking another significant transaction in the city's challenged multifamily market as institutional investors position themselves amid evolving market dynamics. APW Avenue Group […]