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Off-Market Best Bet for Value-Add

LOS ANGELES—Off market may be the best bet for value-add multifamily deals at this point in the cycle. A 21-unit multifamily property on three contiguous lots totaling a half-acre has just traded hands between two unnamed private investors in...

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This Week’s LA Deal Sheet

Hancock Park is known for monied residents and stately homes, but apartment buildings? Not so much. So when a rental property changes hands, like the sale of three apartment buildings (535-553 N Rossmore Ave) to Michael Hakim's Colony Holdings ...

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marathon 4150

Rockpoint Group Buys East Hollywood Apartments

Boston's Rockpoint Group has picked up an East Hollywood apartment building for $34.3M. The 94-unit property is located at 4150 Marathon St. It was originally purchased 22 years ago by Seller SKS Trading Co. for $5M, The Real Deal r...

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