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LA Apartments has paid $54 million, or $263,414/unit, for Haven Warner Center, a 205-unit apartment property in Canoga Park, Calif. The Los Angeles investment manager purchased the property in a deal brokered by Marcus & Millichap's Institutional Property Advisors unit.
LA Apartments has paid $54 million, or $263,414/unit, for Haven Warner Center, a 205-unit apartment property in Canoga Park, Calif. The Los Angeles investment manager purchased the property in a deal brokered by Marcus & Millichap's Institutional Property Advisors unit. ...
HFF arranged the $7.27 million of Freddie Mac debt for the sale. The five-year loan has a coupon of 2.8 percent.
consists of 68-unit Parthenia Plaza and the 67-unit, two-building Parthenia Court
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