Pacific Urban Investors Acquires 208-Unit The Eleve in Glendale for $76MM

Value-add play signals continued investor confidence in Los Angeles County multifamily assets despite broader market headwinds Pacific Urban Investors has purchased The Eleve, a 208-unit apartment building in downtown Glendale, California, for $76 million, or around $365,384 per unit, according to public documents reviewed by The Registry. The acquisition, which closed on October 30, marks […]