Marcus & Millichap Closes $29.85M Sale and Arranges Financing for Two Multifamily Assets in West Hollywood
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2 Articles
Benedict Canyon Acquires Neighboring West Hollywood Properties
Marcus & Millichap completed the sale and financing of 884 and 939 Palm Ave., two multifamily properties totaling 72 units in West Hollywood. The assets traded for $29.85 million, or $414,583 per unit. Tony Azzi and Rabbie Banafsheha of The Azzi Group of Marcus & Millichap exclusively represented the seller, a private family investor. Azzi, Banafsheha, Arteen Zahiri and Ian Habbestad of The Azzi Group also procured the buyer, Benedict Canyon Equ…
Marcus & Millichap Closes $29.85M Sale and Arranges Financing for Two Multifamily Assets in West Hollywood
Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale and financing of 884 and 939 Palm Avenue, two multifamily properties totaling 72 units in the West Hollywood neighborhood of Los Angeles, California. The assets traded for $29.85 million, or $414,583 [...]
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