In its quarterly Los Angeles County Real Estate Market report, the Los Angeles Business Journal reported that in the 4th quarter of 2019, Alhambra Place Partnership purchased the 60 unit KODO property from CGI Strategies. The Koreatown property is located at 2867 Sunset Place and was sold for $29.3 million. Learn more about the KODO at thekodo.com and read the full report: https://labusinessjournal.com/news/2020/jan/17/los-angeles-county-real-estate-data-q4-2019/
CGI+ offloads 5-acre Torrance development site to JPI for $40M
CGI+ Real Estate Strategies, the multifamily investment firm founded by Gidi Cohen, has sold a fully entitled Los Angeles development site to JPI for $40 million.