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Home Finance Universe Holdings Lands Encino’s First Core-Plus Multifamily Trade Since 2017 at $28MM
FinanceIndustry NewsLos AngelesResidential

Universe Holdings Lands Encino’s First Core-Plus Multifamily Trade Since 2017 at $28MM

June 3, 20263 Mins read320
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Universe Holdings Development pays roughly $538,000 per unit for the 52-unit Park Encino as supply-starved San Fernando Valley submarkets command institutional capital. Universe Holdings Development has acquired Park Encino, a 52-unit apartment property at 4940 Paso Robles Avenue in Encino, for $28 million, clinching the first core-plus multifamily trade of its size in the submarket […]

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