M&A Acquires Student Housing In Westwood Village For $6.85M
535 Glenrock Avenue
5,771 SF
Summary
The property involved in this transaction is located at 535 Glenrock Ave in Westwood Village. It is a student housing asset consisting of four units and a total of 26 bedrooms. The property is conveniently situated within walking distance to UCLA, making it an ideal choice for student housing. The sale of this property was conducted off-market.
Summary of transaction details:
- Property Type: Student Housing
- Transaction Amount: $6,850,000
- Address: 535 Glenrock Ave
- Market: Westwood Village
- Buyer: M&A - Adam Stein
- Buyer's Representative: David Kaplan
- Seller's Representative: Oron Maher - Maher Commercial Realty
- Square Footage: 5,771 SF
- Price Per Square Foot: $1,186
Adam Stein, representing M&A, acted as the buyer in this transaction. The buyer's representative was David Kaplan. On the other side, Oron Maher, from Maher Commercial Realty, served as the seller's representative. This deal demonstrates the demand for student housing in the area and highlights the involvement of key individuals and companies in the real estate market.
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