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Home AEC TPG Acquires Sandstone’s 176-Unit Silicon Beach Live Project in Foreclosure for $29.9MM
AECFinanceIndustry NewsLos AngelesResidential

TPG Acquires Sandstone’s 176-Unit Silicon Beach Live Project in Foreclosure for $29.9MM

October 26, 20231 Mins read1.4k
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By The Registry Staff  In a recent turn of events, TPG has secured a valuable asset in the midst of a challenging financial situation. The firm has foreclosed on a multifamily development near Playa del Rey, which was previously owned by Sandstone Properties. Following Sandstone's default on a loan associated with the property earlier this […]

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