A luxury apartment property notched what may be the highest sales price of its kind in more than a year in the city of Los Angeles despite a backdrop of economic headwinds, including higher interest rates and a new transfer tax that's curtailed demand for commercial real estate.
Los Angeles Apartment Sale Tops $1.5 Million Per Unit Despite Headwinds
Luxury Utama Royale Property were bought in Westwood by Private Buyer
CoStar News
February 23, 2024 | 3:55 P.M.
RELATED ARTICLES
This news story is available exclusively to CoStar subscribers.
Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.
This news story is available exclusively to CoStar subscribers.
Ready to Learn More?
Sign Up For a Personalized Demo.
Sign Up For a Demo To Learn More.
Already A Subscriber? Sign In
IN THIS ARTICLE
- Companies
- CBRE
Real Estate
- Contacts
- Laurie Lustig-Bower
Executive Vice President, CBRE