Multifamily

Multifamily Portfolio Sells for $54 Million

A six-property multifamily portfolio within the San Fernando Valley and West Los Angeles has bought for $53.6 million in a number of transactions. The properties, that are all low-rise house communities, have a mixed 155 residential models. The house complexes are at 3596 Centinela Ave. in West L.A., 14311-14319 Dickens St. in Sherman Oaks, 12314 … [Read more…]

Multifamily Property Promote for a Mixed $171M

Two multifamily complexes – Los Robles Flats, a 253-unit asset inbuilt 1972, and The Retreat at Thousand Oaks, a 146-unit property constructed in 1966 – lately traded palms in Thousand Oaks for a mixed $171 million. Institutional Property Advisors, a division of Calabasas-based Marcus & Millichap, brokered the Ventura Nation multifamily portfolio sale. Brokers Kevin … [Read more…]