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.

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.