by lineage | Dec 13, 2018
PLAYA DEL REY Property Type: Multifamily PROBLEM This 6-unit multifamily beach property in Playa del Rey had been in the family for over 50 years. The property was owned in a family trust and the mother had occupied one of the units and managed the property for many...
by lineage | Dec 13, 2018
615 S MANHATTAN PLACE Property Type: Multifamily PROBLEM A non-profit organization owned this 156 unit senior affordable housing property in Koreatown since the 1970s and the board of directors were presented with an off-market offer from a broker to sell the...
by lineage | Dec 13, 2018
615 S MANHATTAN PLACE Property Type: Multifamily PROBLEM The buyer of the 156 unit senior affordable housing property in Koreatown was implementing a rehabilitation of the common area and existing units. The new buyer was unfamiliar with the existing utility rebates...