CMFA Special Finance Agency & BLDG Partners Acquire Multifamily Property In Paramount For $128.5M

The multifamily property located at 13801 Paramount Blvd. in Paramount has been sold for a total of $128,500,000. The property consists of 306 units with a total square footage of 296,553. The sale price per square foot was $433, and the price per unit was approximately $419,935.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $128,500,000
• Address: 13801 Paramount Blvd.
• Market: Paramount

The buyers of the property were CMFA Special Finance Agency and BLDG Partners, while the seller was MWest Holdings. The transaction was completed on February 1, 2022. The deal was facilitated by Matthew Jacobs, Matthew Ellis, Sam Kuiumdjian, and Guy Penini.