San Diego San Diego

Property West Residential has acquired La Jolla Park West from Hunt Pacific Management Corp. for $22.5 million. La Jolla Park West is a 60-unit multifamily property located in San Diego.

Located at 5165 Luigi Terrace, La Jolla Park West features one- and two-bedroom floor plans with 10-foot ceilings and private patios or balconies. Community amenities include a pool and a spa, shared garages and a laundry facility. The sale of La Jolla Park West marks one of the few apartment transactions in the highly coveted University Town Center submarket.

Berkadia managing directors Ed Rosen and John Chu and associate director Tyler Sinks of Berkadia's San Diego office completed the transaction on behalf of the seller.

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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.