Just under a year after buying a more than 1,000-unit apartment portfolio in Downtown Los Angeles, Laguna Point Properties is delinquent on the $329M loan it used to buy the apartments. The firm is ...
A year after it last traded hands, a 1,000-unit portfolio of apartments in Downtown Los Angeles has a new owner. LPP paid $402M for the five buildings in April 2022. The lower recapitalization figure ...
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