Marcus & Millichap Facilitates $25.25 Million Sale of Multifamily Portfolio in Los Angeles

Reuters

2025/09/11

Marcus & Millichap Facilitates $25.25 Million Sale of Multifamily Portfolio in Los Angeles

Marcus & Millichap Inc., a prominent commercial real estate brokerage firm, has successfully facilitated the sale of a seven-property, 275-unit multifamily portfolio in Los Angeles for $25.25 million. The transaction, announced on September 9, 2025, involved properties concentrated in the Koreatown and Westlake neighborhoods. Managed by a private ownership group for 25 years, the portfolio faced challenges such as tenant delinquencies and deferred maintenance. Neema Ahadian and Jeffrey Estrada of The Neema Group at Marcus & Millichap represented the seller, employing a strategic approach to overcome these issues and ensure a smooth closing. This marks The Neema Group's 11th portfolio sale in the Los Angeles area.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Marcus & Millichap Inc. published the original content used to generate this news brief on September 10, 2025, and is solely responsible for the information contained therein.

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Marcus &amp; Millichap Inc. published the original content used to generate this news brief on September 10, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"MMI","symbol_name":"Marcus & Millichap Inc","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250911:nNDL3shXC1:1","article_id":"2566799747","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2566799747","pubTimestamp":1757605791,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Marcus & Millichap Inc., a prominent commercial real estate brokerage firm, has successfully facilitated the sale of a seven-property, 275-unit multifamily portfolio in Los Angeles for $25.25 million. 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