Green Cities Co. Acquires Multifamily Property On South Orange Grove Ave For $55M

An multifamily property located at 1333 South Orange Grove Ave in Los Angeles was recently sold for $55,000,000. The property consists of 61 units, resulting in a price per unit of $901,639. The sale took place on 05/13/2021 and involved the buyer Green Cities Co. represented by Molly Bordonaro, Brent Gaulke, Kelly Saito, and Patrick Wilde. The seller of the property was Canfield Development Inc. The transaction was facilitated by Walker & Dunlop Inc., acting as the broker.

Summary of transation details

• Property Type: Multifamily
• Transaction Amount: $55,000,000
• Address: 1333 South Orange Grove Ave
• Market: Los Angeles
• Buyer: Green Cities Co. - Molly Bordonaro, Brent Gaulke, Kelly Saito, Patrick Wilde
• Seller: Canfield Development Inc.
• Broker: Walker & Dunlop Inc.
• Units: 61
• Price Per Unit (PPU): $901,639

Molly Bordonaro, Brent Gaulke, Kelly Saito, and Patrick Wilde, representing Green Cities Co., were instrumental in the transaction as the buyer. Canfield Development Inc. served as the seller. The deal was facilitated by Walker & Dunlop Inc., acting as the broker.