(Save the date: RealShareApartments comes to the Westin Bonaventure, LosAngeles, October 24.)
LOS ANGELES-GlobeSt.com has exclusively learned that a portfolioof four multifamily properties in the Brentwoodand West Los Angeles communities of Los Angeles has sold inseparate transactions totaling more than $12 million. Lee &Associates-LA North/Ventura principals Mike Smith,Jim Fisher and Craig Stevens,represented the seller in all the transactions and the buyers intwo of the transactions.
According to Smith, “The story is really about the Brentwood andWest Los Angeles markets. Demand for assets in these neighborhoodsis extremely strong. We received these offers within two weeks fromthe start of marketing.”
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