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
Sold 1 year ago
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.
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3
Agents
2
Agencies
1
Details
SOLD
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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: $257,713View on map
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Address1738 Canyon Drive, 1120 Thompson Avenue, 617 North Las Posas Road
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