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FinanceIndustry NewsLos AngelesMultifamilyResidential

Winstar Properties Buys 196-Unit Gershwin Portfolio in Hollywood From Cityview for $27.8MM, 40% Below 2019 Price

Winstar Properties has acquired The Gershwin, a converted 1920s Hollywood Boulevard hotel, along with two neighboring Garfield Place apartment buildings and a parking...

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FinanceIndustry NewsLos AngelesResidential

54-Unit Mixed-Use Moderno La Granada Hills Near CSUN Secures $15.7MM Loan

The newly built Spanish-style apartment community with ground-floor retail received a five-year fixed-rate, non-recourse loan from Everbank at a 5.60 percent interest rate....

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FinanceIndustry NewsLos AngelesResidential

126-Unit Moderno Axis Apartments in Van Nuys Secures $28.3MM in Financing

The transit-adjacent luxury apartment complex received a five-year fixed-rate, non-recourse loan from Everbank at a 5.40 percent interest rate. Moderno Axis, a 126-unit...

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