UCLA Spends $39MM on 62-Unit Near-Finished Palms Apartment Complex in Los Angeles

UCLA is looking to expand its real estate portfolio once again with the acquisition of a near-complete apartment building at 3301 Canfield Avenue in the Palms neighborhood of Los Angeles. This six-story development, purchased for $39 million ($629,032 per unit), according to industry sources, and built by local developer Helio, consists of 50 three-bedroom units […]