LOS ANGELES-Two Hanover Financial Co. partnerships have recently closed deals in LA County that together total $16.3 million. In the larger transaction, a joint-venture partnership between LA-based Hanover and Beverly Hills-based Kennedy-Wilson International acquired a 253-unit multifamily portfolio. The properties, which stand at 8938 – 9010 Tobias Ave. in Panorama City, were purchased for approximately $10 million.

The seller, Milan Properties, was represented by Bruce Levine of Levine Financial. Levine also represented the buyer, 8938 Tobias LLC and 9010 Tobias LLC.

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