Artist lofts acquired in NoHo

Price per unit nears $317,000

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Transwestern arranged the sale of NoHo Lofts, a 292-unit luxury apartment community in North Hollywood, Calif., for $92.5 million. J.H. Snyder Co. sold the property to Redwood Partners and Rockwood Capital. NoHo Lofts is primarily comprised of loft-style units located at 11136 Chandler Blvd. in the NoHo Arts District, which is home to contemporary theaters, art galleries, cafes and interesting shops. Transwestern is a privately held commercial real estate firm operating nationwide. ...