Rare Value-Add 122-Unit Multifamily Portfolio in Granada Hills, CA Sells for $25 Million

Multihousing Pro

Posted In — News & Press | In the News

Universe Holdings, a Los Angeles real estate investment company, has purchased a three-building, 122-unit multifamily portfolio in Granada Hills, California, for $25 million. Kidder Mathews commercial real estate investment broker, Janet Neman, represented Universe Holdings in the transaction.

The off-market portfolio was a rare value-add opportunity in the San Fernando Valley, a highly sought after, supply-constrained rental market.

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