FAMH Group Ltd Acquires 78-Unit Multifamily Property From Ken Kahan For $58.1M In Los Angeles

The transaction involved the acquisition of a multifamily property known as The BW, which consists of 78 units located at 1168 South Barrington Avenue in Brentwood, Los Angeles. The sale price for the property was $58,100,000, translating to a price per unit of $744,872.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $58,100,000
• Units: 78
• Price Per Unit: $744,872
• Buyer: FAMH Group Ltd
• Seller: Ken Kahan - California Landmark Group
• Brokers: Gregory Harris, Joseph Grabiec & Kevin Green - Institutional Property Advisors - Marcus & Millichap

Kevin Green, Joseph Grabiec, and Gregory Harris were the brokerage representatives from Institutional Property Advisors, part of Marcus & Millichap, who facilitated the transaction for the seller, California Landmark Group.