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Home Finance Prime Residential Lands 132-Unit Palm Court Apartments for $51.25MM in LA’s Miracle Mile
FinanceIndustry NewsLos AngelesResidential

Prime Residential Lands 132-Unit Palm Court Apartments for $51.25MM in LA’s Miracle Mile

August 14, 20263 Mins read733
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Photo by Simone Hutsch on Unsplash
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A San Francisco-based multifamily owner has planted a deeper flag in one of Los Angeles' most supply-constrained neighborhoods, pairing a $51.25 million purchase with a full-term interest-only Freddie Mac loan that signals long-term conviction in Miracle Mile.

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