Rockpoint Paid $66.25MM for 97-Unit Wilshire Margot in Westwood, a Third Below Its Defaulted Debt

Newly reviewed public records put a number on Rockpoint's previously undisclosed acquisition of the distressed Wilshire Margot apartment tower in Westwood, showing the Boston firm paid $66.25 million, roughly 33 percent less than the debt that had pushed the prior owner into default. Rockpoint acquired the Wilshire Margot, a 97-unit multifamily property at 10599 Wilshire […]