MG Properties Group Acquires Carillon Apartment Homes In Woodland Hills For $93M

The Carillon Apartment Homes, a multifamily property located in the Warner Center/Woodland Hills area of Los Angeles, was sold for $93 million. The property, built in 2008 on five acres, comprises 264 apartment units across 235,214 square feet.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $93,000,000.00
• Asset Address: 6301 De Soto Ave, Woodland Hills, CA
• Market: Woodland Hills
• Seller's Rep: Ronald Harris (Marcus & Millichap)
• Buyer: MG Properties Group

Institutional Property Advisors (IPA), a division of Marcus & Millichap, consisting of Greg Harris, Kevin Green, and Joseph Grabiec, represented the seller and facilitated the deal for the buyer, MG Properties Group. Fairfield Warner LLC, represented by Fairfield Residential, was the selling entity.