Stanley Black’s Black Equities sets Culver City record with $106M multifamily buy
Stanley Black’s Black Equities Group is plunking down more than $100 million in what appears to be the priciest multifamily deal in Culver City history. The Beverly Hills-based investment firm is closing on a $106 million purchase of Access Culver City, a 115-unit property at 8770 Washington Boulevard, Commercial Observer reported, noting that the price tag seemingly earns it the title of the most expensive multifamily deal in the Westside city’s history. Greystar, which developed and opened the property in 2017, was the seller, Multi-Housing News reported. The mixed-use property consists of the 115 units as well as 31,000 square […]This article originally appeared on The Real Deal. Click here to read the full story.
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