Updated Oct 19, 2026
Clarion Partners And CityView Acquire Multifamily Asset In Burbank For $161.1M
1901 N Buena Vista St
$161,100,000
Building Size
—
Asset Type
MultiFamily
Closing
Oct 1, 2021
About this deal
AI
The property asset involved in this transaction is a MultiFamily asset located at 1901 N Buena Vista St, Burbank. The transaction was executed at a price of $161,100,000.00.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $161,100,000.00
- Address: 1901 N Buena Vista St
- Market: Burbank
- Buyer: Clarion Partners | CityView
- Broker: Derrek Ostrzyzek (CBRE)
- Sale Date: 10/01/2021
This transaction highlights the collaboration between Clarion Partners and CityView as the purchasing entities. The representation in this deal was provided by Derrek Ostrzyzek from CBRE, facilitating the transaction process.
On the Map
$161,100,000
MultiFamily
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Players
Burbank MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.10%
Cash-on-Cash
-0.03%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93