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High-Priced Los Angeles Apartment Sale Comes Amid Slowed Deal Volume

Playa Vista Property Changes Hands in Climate of Rising Interest Rates, Transfer Fees
Investment firm DivCore acquired the 214-unit Reveal Playa Vista apartment property in Los Angeles. (CoStar)
Investment firm DivCore acquired the 214-unit Reveal Playa Vista apartment property in Los Angeles. (CoStar)
CoStar News
May 2, 2024 | 9:17 P.M.

A Los Angeles apartment sale is among the region’s highest-priced of the past year but underscores a lingering slowdown in value appreciation and deal volume in the face of rising interest rates and other transaction costs. 

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