Lagovent Real Estate Group, Inc. this week announced it sold a portfolio of Los Angeles apartments comprising approximately 300 units for $21 million.

The sales incorporate assets that Lagovent acquired by between 2004 and 2005. One of the buyers was a New York-based private equity firm.

Lagovent principal Brett Markinson said the company focuses on shorter investment-cycle opportunities of between two and five years.

Show Comments Hide Comments

Comments

Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
Success!
Thank you for subscribing to Morning Headlines.
Back to top