Traded: Los Angeles just announced Robhana Group, Inc. and Helio's most recent acquisition of the Cobalt Apartments- a trophy mixed-use project in Culver City! #TradedLA #CRE #CREacquisitions #realestate #realestateinvestments
SALE Learn More: https://lnkd.in/dCTQm4Nr IMAGE: Greg Harris, Joseph Grabiec, Bob Faith & Kevin Green DATE: 02/27/2024 ADDRESS: 10601 Washington Boulevard MARKET: Culver City ASSET TYPE: Multifamily BUYER: Helio Group SELLER: Bob Faith - Greystar BROKERS: Gregory Harris, Joseph Grabiec & Kevin Green - Institutional Property Advisors (IPA) - Marcus & Millichap SALE PRICE: $67,700,000 UNITS: 135 ~ PPU: $501,481 NOTE: Cobalt Apartments, a 135-unit multifamily property with 14,754 square feet of ground floor retail in West Los Angeles-Culver City, sold for $67.7 million ($501,481 per unit). Institutional Property Advisors facilitated the sale, with Kevin Green, Joseph Grabiec, and Gregory Harris representing the seller, Greystar, and procuring the buyer, Helio Group. The property, built in 2019, offers amenities like a clubroom, fitness center, and heated pool, with convenient access to major employers and shopping centers in the area. #LosAngeles #RealEstate #tradedla #LA #LosAngelesRealEstate #California #LARealEstate #CaliRealEstate #CulverCity #Multifamily #GregoryHarris #JosephGrabiec #MarcusandMillichap #InstitutionalPropertyAdvisors #BobFaith #Greystar #HelioGroup
Congratulations, gentlemen!
CEO at Bell Properties & Bella West Housing | Commercial & Residential Real Estate Sales Leasing & Management Expert throughout California |
3moNice work!! 😀 Amazing team!!