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Development firm adds to private apartment dealmaking in Los Angeles

Friedkin Property Group pays $52 million for luxury Hollywood complex
Friedkin Property Group purchased the La Belle at Hollywood Tower apartments from LaSalle Investment Management for $52 million. (CoStar)
Friedkin Property Group purchased the La Belle at Hollywood Tower apartments from LaSalle Investment Management for $52 million. (CoStar)
CoStar News
January 23, 2025 | 11:19 P.M.

A Hollywood apartment complex has traded at a discount in the latest example of a private development firm driving multifamily dealmaking in Los Angeles.

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