CMBS Special Servicing Volumes Drop Again in March
April 6, 2021
Braemar Hotels Sees Steady Increase in RevPAR
April 6, 2021
City: Los Angeles
Los Angeles Apartment Project Gets $21.5Mln Construction Loan
Rentv.com Parkview Financial has provided $21.5 million of construction financing for the development of a 68-unit apartment property at 4065 Oakwood Ave. in Los Angeles. The developer, Oakwood CA LLC of Los Angeles, expects the five-story project to be completed ...
Los Angeles Office Property Sells for $22.79Mln
Luzzato Co. has paid $22.79 million, or $767.86/sf, for the 29,680-square-foot office building at 3317-3325 Exposition Place in Los Angeles. The Los Angeles investor purchased the property from Lion Real Estate Group LLC of Dallas, which was represented in the ...
60-Unit Apartment Complex in Los Angeles Sells for $20.3Mlnc
Xenon Investment Corp. has paid $21.3 million, or $355,000/unit, for the 60-unit Hollywood Regency Apartments in Los Angeles. The Los Angeles investment company purchased the property from a local partnership in a deal brokered by The Kanner Group of KW ...
JRK Property Pays $90.7Mln for 164-Unit Apartment Property in Glendale, Calif.
JRK Property Holdings Inc. has paid $90.7 million, or $553,048/unit, for Harrison Glendale, a 164-unit apartment property in Glendale, Calif., about nine miles north of Los Angeles. The Los Angeles investment manager purchased the property from an undisclosed Las Vegas ...
ACORE Lends $81Mln for Construction of Los Angeles Apartments
ACORE Capital has provided $81 million of construction financing for Adams & Grant, a proposed 296-unit apartment property in Los Angeles. The loan, arranged by JLL Capital Markets, will allow the property's developer, Cityview, to start construction on the property, ...
2970 West Olympic Blvd.
The property is 80 percent leased and anchored by a Chase Bank branch.
Garden Grove, Calif., Apartment Property Sells for $19.9Mln
Multi Housing News Avanath Capital Management LLC has paid $19.9 million, or $234,117/unit, for the 85-unit Grove Senior Apartments in Garden Grove, Calif. The Irvine, Calif., investor purchased the property, at 12721 Garden Grove Blvd., from Meta Housing Corp., which ...
Los Angeles Office, Retail Building Fetches $15.25Mln
MCDG Holding has paid $15.25 million, or $538.96/sf, for a 28,295-square-foot retail and medical-office building at 2970 West Olympic Blvd. in Los Angeles. The Los Angeles investor group purchased the property from EJS Properties LLC, which was represented in the ...
Hackman, Square Mile Venture Buys Culver City, Calif., Production Studio
A venture of Hackman Capital Partners and Square Mile Capital Management has acquired the three-building Sony Pictures Animation Campus in Culver City, Calif. Hackman Capital, of Culver City, Calif., and Square Mile, of New York, purchased the property from H&R ...
