JRK Property Holdings Acquires Multifamily Asset In Sherman Oaks For $129 Million From Waterton

The transaction involved a multi-family asset located at 13401 Riverside Drive in Sherman Oaks, CA. The property consists of 401 units and was sold for a total price of $129,000,000.00.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $129,000,000.00
• Buyer: JRK Property Holdings
• Seller: Waterton
• Sale Date: 07/08/2025

The deal was facilitated with JRK Property Holdings acting as the buyer and Waterton as the seller, marking a significant transaction in the Sherman Oaks market.