HomeBriefs

Brief

CBRE Completes Receivership Sale of Santa Monica Apartments

CBRE arranged the sale of 901 Ocean Ave., a 28‑unit coastal multifamily investment property located along Santa Monica’s Ocean Avenue corridor. The property sold for $23.46 million to a private local

CBRE arranged the sale of 901 Ocean Ave., a 28‑unit coastal multifamily investment property located along Santa Monica’s Ocean Avenue corridor. The property sold for $23.46 million to a private local investor, with the buyer also assuming approximately $2.4 million in transaction-related obligations, bringing the total consideration to approximately $26 million. The sale was completed through a... The post CBRE Completes Receivership Sale of Santa Monica Apartments appeared first on Conn

Source