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Colliers Closes First Waterfront Marina del Rey Apartment Trade Since 2019

Summary by Connect CRE
Colliers arranged the sale of Villa Del Mar, a 198-unit luxury waterfront multifamily community in Marina del Rey. Vice chair Kitty Wallace represented both the seller—original developer Villa Del Mar Properties and long-time operator Far West Management—and a private buyer. It represents the first waterfront multifamily transaction in Marina del Rey since 2019, and one of only four in the past decade. “This was a rare opportunity to acquire a f…
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Connect CRE broke the news in on Thursday, July 17, 2025.
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