Cityview Sells Warner Center Complex in $70M Deal

Virtu Investments acquired the 174-unit apartment complex, which is located in an opportunity zone.

Cityview has sold Mira, 174-unit apartment complex, for $70.5 million to Virtu Investments. The property is located in an opportunity zone.

Mira features studios, one-bedroom and two-bedroom units, the community features five stories of apartments over a podium, with subterranean and at-grade parking. Amenities include a resort-style pool with a spa and cabanas, state-of-the-art gym with Peloton bikes and yoga studio, outdoor terraces, a virtual reality room, Zen-inspired meditation spaces, game and screening rooms and co-working spaces. A five-story mural of a woman’s profile will serve as a focal point for the property’s exterior, while a complementary mural lines the poolside.

Eastdil Secured’s Joseph Smolen and Mark Peterson represented Cityview in the transaction.