Top stories and aggregated facts on Multifamily Real Estate, curated for Investors and Business Partners.
CGI has commenced its restoration and repositioning of the Villa Carlotta, a 50-unit apartment hotel. CGI treasures Villa Carlotta as an architectural and historical gem — designed by one of LA’s most preeminent architects, Arthur E. Harvey, and designated a Los...
CGI doesn't always stand for computer-generated imagery—even in Hollywood, where LA-based CGI Strategies acquired Villa Carlotta, a 50-unit apartment building in Hollywood's Franklin Village submarket. CEO Gidi Cohen and principal Adrian Goldstein say the historic...
The Villa Carlotta, a landmark luxury Hollywood apartment house built in the early days of the motion picture industry, has sold for $12.25 million to a Los Angeles investment firm that intends to renovate it. The classic Spanish Colonial-style building in the...
HOLLYWOOD– Los Angeles-based real estate investment firm CGI Strategies in Real Estate (CGI) has acquired The Villa Carlotta, an historic 50-unit apartment building in the Franklin Village submarket of Hollywood, California in a transaction valued at $12.25 million....
LOS ANGELES-Cohen & Associates and Highroad Realty and Management has acquired a 60-unit Westwood multifamily complex for $21.5 million. Located at 886 Hilgard Ave., the property is in a highly desirable neighborhood near the UCLA campus with a strong demand for...
In a rare transaction, Los Angeles investors have purchased an apartment building in Westwood near UCLA for $21.5 million. New owners Cohen & Associates and Highroad Realty & Management said they plan to upgrade the 60-unit complex at the northeast corner of...
LOS ANGELES -- Cohen & Associates and Highroad Realty & Management have teamed up to acquire a 60-unit apartment building at 886 Hilgard Avenue in West Los Angeles for $21.5 million. Tony Azzi and George Azzi of Marcus & Millichap represented the buyer and...
The owners of a broken Downtown condo project are turning it into rental after snagging a five-year refi deal. LA-based Cohen & Associates CEO Gidi Cohen convinced Prudential Mortgage to take a chance on a $10M refi loan for the multifamily portion of Renaissance...
Los Angeles and Atlanta – Cohen & Associates, a Los Angeles-based real estate investment firm, has refinanced the multifamily portion of a six-year-old, mixed used development in Downtown Atlanta’s Historic Auburn Avenue District with a $10 million loan from...
As the economy continues to improve, so too does the national housing market. New housing starts are up dramatically from the record lows set in 2011. According to Commerce Department statistics, there are more residential units, primarily apartments, being built than...