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Los Angeles Apartments Are Among Area's First Using Opportunity Zone Program

Surging Demand Pushes Unit Prices Well Above Average for the Area

Developer Cityview recently sold the nearly completed, 174-unit Mira apartment complex in Los Angeles. (Cityview)
Developer Cityview recently sold the nearly completed, 174-unit Mira apartment complex in Los Angeles. (Cityview)

An apartment project in Los Angeles' Warner Center has been sold for $70.5 million to Virtu Investments LLC by developer Cityview, a deal billed by the seller as among the first of its kind locally in the federal opportunity zone investment program.

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