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Walker & Dunlop Completes $55 Million Sale for Trophy Multifamily Community in Los Angeles, CA

Walker & Dunlop Completes $55 Million Sale for Trophy Multifamily Community in Los Angeles, CA News provided by Share this article $55,000,000 sale of The Estelle on behalf of Canfield Development, Inc. to an affiliate of The Green Cities Company. The property, a 61-unit luxury multifamily community in West Los Angeles, was built in 2020 as for-sale condominiums and was converted to for-rent apartments amid the pandemic. The property boasts exceptionally large floor plans averaging 1,474 squ...
United States Serge Shirikjian Los Angeles Javier Rivera Alexandra Caniglia Walker Dunlop

Walker & Dunlop Completes Sale and Financing of 293-Unit Marquis Multifamily Community Near Los Angeles' Iconic Staples Center

LOS ANGELES, CA - Walker & Dunlop, Inc. announced that it completed the sale and financing for OLiVE DTLA, a 293-unit Class A multifamily property completed in 2016. The seven-story building is located in Downtown Los Angeles vibrant South Park neighborhood, one of the citys most desirable neighborhoods, offering immediate access to entertainment centers such as L.A. Live, the Staples Center, Microsoft Theatre, and the Novo. Walker & Dunlops Blake Rogers, Alexandra Caniglia, Hunter Comb...
Kevin Sheehan Alexandra Caniglia Allan Edelson Los Angeles Blake Rogers Javier Rivera

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Shekhters' Santa Monica Giant Resi Portfolio Hits Market

Neil Shekhter (Shekhter by Kevin Scanlon; iStock) It’s official: The largest multifamily development opportunity in Santa Monica in a generation is now on the market. WSC Communities’ 23-parcel portfolio, entitled for the development of over 2,100 units and over 1 million square feet of residential space, is being billed by the brokers as a chance for a buyer to become the largest multifamily landlord in Santa Monica, controlling about 7 percent of the city’s market-rate inventory. WSC is...
United States Santa Monica Scott Walter A Walker Dunlop Alexandra Caniglia Blake Rogers

Shekhters Seek Buyer for Santa Monica Mega-Portfolio

Share via Shortlink NMS Properties’ Neil Shekhter and renderings of 1325 6th Street, 1437 6th Street, 1430 Lincoln Blvd. and 1318 Lincoln Blvd. in Santa Monica (Kevin Scanlon, WSC) In what looks to be the largest development portfolio offering in Santa Monica in a generation, WSC Communities will put 23 mostly entitled mixed-use sites on the market next month, The Real Deal has learned. Marketing the land after the city of Santa Monica already greenlighted over 2,100 apartments on t...
United States Santa Monica Orange County A Walker Dunlop Paul Julian Alexandra Caniglia

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