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MONTEBELLO, CA-The Los Angeles-based investment firm buys the 256-unit Somerset on Garfield apartment complex for nearly $31.8 million in a joint venture with Kennedy Wilson Inc. and plans a 12-month rehab of $9,800 per unit.
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May 12, 2026
However, leasing dropped by eight percent.
May 12, 2026
Debt funds and mortgage REITs take the majority share while banks and CMBS pull back.
May 12, 2026
GlobeSt. will recognize those that drive the sector's performance as the 2026 Influencers in Industrial. Nominate a candidate before the submission deadline on May 27!