Six-Property Apartment Portfolio Trades for $54M to Thr …

JLL Capital Markets closed on a six-property Los Angeles County multifamily portfolio in three separate transactions totaling $53.55 million. The apartment complexes were located at 3596 Centinela, 14311-14319 Dickens St., 12314 Moorpark, 4144 Tujunga, 12207 Riverside and 12225 Riverside, including five in the San Fernando Valley and one in West Los Angeles. The six high-performing, low-rise apartment communities total 155 residential units.   

The acquisitions included accretive assumable debt placed on all six properties by JLL in 2020. All three buyers assumed the existing debt, working with the JLL Capital Markets Debt Advisory team. 

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ConnectCREMay 2, 2023
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