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1738 Canyon Drive, 1120 Thompson Avenue, 617 North Las Posas Road
SOLD

Raintree Partners Acquires Multifamily Properties In Hollywood, Glendale, San Fernando Valley, And Camarillo For $142M

1738 Canyon Drive, 1120 Thompson Avenue, 617 North Las Posas Road

MultiFamily
clock iconSold 1 year ago
Stewart (Stew) Weston
Dean Zander
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Summary

Sale
CALIFORNIA
MultiFamily

Raintree Partners has acquired three multifamily properties in Hollywood, Glendale, San Fernando Valley, and Camarillo for a total price of $142,000,000. The properties are located at 1738 Canyon Dr., 1120 Thompson Ave., and 617 N. Las Posas Rd. The portfolio consists of 551 units, with an average price per unit of $257,713.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $142,000,000
  • Units: 551
  • Price Per Unit: $257,713

Dean Zander, Stew Weston, and John Montakab from CBRE represented Raintree Partners in the transaction.

Players

  • All

    3

  • Agents

    2

  • Agencies

    1

Stewart (Stew) Weston's profile picture
Stewart (Stew) Weston
CBRE-image
Executive Vice President
$1.9B Sold

Details

Deal Summary
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SOLD
IMAGE: this post on Instagram   A post shared by Traded: Los Angeles ? (@tradedla) SALE IMAGE: Dean Zander, Stewart Weston & John Montakab DATE: 11/24/2020 ADDRESS: 1738 Canyon Dr., 1120 Thompson Ave., 617 N. Las Posas Rd. MARKET: Hollywood, Glendale, San Fernando Valley, Camarillo ASSET TYPE: Multifamily BUYER: Raintree Partners BROKERS: Dean Zander, Stew Weston & John Montakab – CBRE PRICE: $142,000,000 UNITS: 551 ~ PPU: $257,713

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Address1738 Canyon Drive, 1120 Thompson Avenue, 617 North Las Posas Road

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