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Barry Shy sells multifamily property for $402,000,000 in Downtown, Los Angeles
SOLD

Laguna Point Properties Acquires Barry Shy's Multifamily In Downtown Los Angeles

Barry Shy sells multifamily property for $402,000,000 in Downtown, Los Angeles

MultiFamily
clock iconSold 1 year ago
Justin Chu
Gabriel Guerrero
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Summary

Sale
CALIFORNIA
MultiFamily

Barry Shy has sold a multifamily property in Downtown Los Angeles for a total price of $402,000,000. The property, consisting of 1,037 units, was purchased by Laguna Point Properties. The sale was facilitated by Gabriel Guerrero and Justin Chu from Keller Williams Commercial.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $402,000,000
  • Units: 1,037
  • Price Per Unit (PPU): $387,657

This transaction took place on 04/21/2022 in the Downtown Los Angeles market. Barry Shy acted as the seller of the property, while Laguna Point Properties served as the buyer. The sale was brokered by Gabriel Guerrero and Justin Chu from Keller Williams Commercial.

Players

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    3

  • Agents

    2

  • Agencies

    1

Justin Chu's profile picture
Justin Chu
Keller Williams -image
Director Associate
$402M Sold

Details

Deal Summary
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SOLD
IMAGE: Barry Shy DATE: 04/21/2022 MARKET: Downtown Los Angeles ASSET TYPE: Multifamily BUYER: Laguna Point Properties (@LagunaPoint) SELLER: Barry Shy (@BarryShy) BROKERS: Gabriel Guerrero & Justin Chu - Keller Williams Commercial (@Kw.Commercial) SALE PRICE: $402,000,000 UNITS: 1,037 ~ PPU: $387,657

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AddressBarry Shy sells multifamily property for $402,000,000 in Downtown, Los Angeles

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