Markets & Economy

Los Angeles in a week: Jan. 18 – Jan. 22

This week's Los Angeles news relating to the real estate industry

Learn the New Luxury Playbook at Luxury Connect | October 18-19 at the Beverly Hills Hotel

Need news in a flash? Here's what's happening in your community. Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of 2,674 Southern California-based multifamily rental units valued at over $500 million. The sale included 13 total properties in 2015: Villa Pacific Townhomes, 136 units, Westminster, Calf. Summer Field Apartments, 268 units, Indio, Calif. Oceana Apartment Homes, 100 units, Oceanside, Calif. Island Village Apartments, 281 units, San Diego, Calif. Promenade Terrace Apartments, 330 units, Corona, Calif. Cypress Village Apartments, 88 units, Buena Park, Calif. Coronado Terrace Apartments, 312 units, San Diego, Calif. Village on the Green, 264 units, Rancho Cucamonga, Calif. The Waterfront, 64 units, Newport Beach, Calif. Vista Terrace Hills Apartments, 262 units, San Ysidro, Calif. Alta San Marcos, 108 units, San Marcos, Calif. Corsica Apartment Homes, 141 units, Pico Rivera, Calif. Acacia Park R...