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Downtown Los Angeles Apartment Portfolio Finalizes $315 Million Recapitalization Before New Tax

Laguna Point Properties Bought 1,000-Unit Portfolio Last Year
The apartment building at 650 S. Spring St. features 178 units in downtown Los Angeles. (CoStar)
The apartment building at 650 S. Spring St. features 178 units in downtown Los Angeles. (CoStar)
CoStar News
April 4, 2023 | 7:44 P.M.

A massive Los Angeles apartment portfolio transaction closed ahead of a new tax going into effect in one of greater L.A.'s largest apartment deals so far this year.

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