Balaciano Group



Sales Activity Moderates in Los Angeles Apartment Market

In August, California Home Builders acquired Modera West LA from Mill Creek Residential for $230.66 million, or about $615,000 per unit, at a 3.6% in-place capitalization rate. Mill Creek developed the 375-unit apartment building in Westchester. Upon acquiring the property, California Home Builders rebranded it as The Q Playa

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