Selected transactions

Thirty-six unit multifamily property built in 2019.

Procured multiple offers and sold to an exchange buyer at 95% of asking price and a sub-4% cap rate.

Eighty-eight units built in 1971, 50,424 building square feet on 3.32 acres.

Marketing produced multiple offers from value-add buyers and from affordable housing specialists. The sale closed with a LIHTC group that preserved the property as low-income senior housing with plans to develop a 90-unit ED1 100% affordable development on excess land previously used for overflow parking.

A shovel-ready approximately 100-unit multifamily project in an undisclosed Mountain West market capitalized with over $13,000,000 of joint venture equity as an Opportunity Zone project.

Two Koreatown buildings from 1927 and 1928, 454 S Catalina St and 739 S Normandie Ave, sold together out of an inheritance. Both carried significant deferred maintenance and Covid related tenant delinquencies.

Procured multiple offers and closed with a buyer who went hard on deposits for both properties on day one at a low 3% in-place cap rate.

Forty units built in 1928. The listing drew multiple offers and sold at 96% of asking price with a fully non-contingent day one buyer.

Twelve units originally built in 1947 and rebuilt in 1996 after a fire, with a long-term affordable covenant on 25% of the units.

Procured multiple offers within three days of engagement. Closed within 21 days at Seller's full asking price.

A bank-owned, 100% vacant four-story mixed-use building of 36,241 square feet on a 14,781 square foot lot in the heart of Alhambra, carrying significant deferred maintenance.

We marketed it with optionality rather than one thesis: traditional value-add office and retail, or conversion to multifamily, affordable, or medical office. Procured 16 offers and closed at $3,850,000, roughly $106 per square foot.

Six units, partially rehabbed in 2018 and 33% vacant at listing. The buyer had to lease a unit before closing to assume the existing loan, three of the six units were furnished medium-term rentals, and the lender tightened underwriting mid-deal, cutting proceeds to roughly 35% LTV. Closed with a 1031 exchange buyer.

Twelve rent-controlled units near Hyde Park in South Los Angeles with significant deferred maintenance.

Procured more than 12 offers and closed for $1,500,000, or $125,000 per unit and $192 per square foot.

A 1928 Spanish Colonial Revival historical retail property comprised of two two-story buildings wrapped around a central courtyard on 1.6 acres, 38,855 square feet of leasable space over 104 surface stalls. The property is one of the most frequently visited dining destinations in Koreatown.

A 201-unit multifamily building in the Trinity Groves submarket of West Dallas. Built in 2015 and the first mixed-use development in the submarket: 14 ground-floor shops and restaurants sit under the apartments.

A $24.5M preferred equity investment into Lido Marina Village, a fully leased 105,719 square foot waterfront mixed-use property in Newport Beach: open-air retail, office, a 32-slip marina, and tenants including Nobu, Malibu Farm, and Elyse Walker.

A 1928 building in the Silver Lake neighborhood of Los Angeles, redeveloped into ±30,300 SF of creative office, retail and restaurant space across three levels.

A 67,000 SF mixed-use creative office & retail property in the East Austin neighbourhood. Acquired and managed through post-closing renovation and lease-up of the property.

A 1925 brick mixed-use building in Koreatown, 54 apartments over 5,525 square feet of ground-floor retail.

A $180M refinance of a three-property Seattle-area office portfolio totaling more than 800,000 square feet, owned by a publicly traded real estate investment manager through a core-plus fund.

A $150M construction loan for Palisades Village, the 125,000 square foot retail village Caruso built across roughly three acres of downtown Pacific Palisades, with eight apartments above the shops and a restored 1940s theater at its centre.

A $42.4M acquisition and repositioning loan on a four-building, 213,000 SF office campus.

A $10.5M value-add acquisition loan on a 900-unit self-storage facility that was 40% leased at closing.

A $6M construction loan for a new 60-unit multifamily development on excess land at a multifamily property the borrower already owned and operated.