Inland Empire townhome community trades in Greater L.A.'s largest multifamily transaction of 2023

The largest multifamily transaction in Greater Los Angeles so far this year has closed with the $150 million sale of a 385-unit townhome community ...

May 17, 2023
3:42 AM

The largest multifamily transaction in Greater Los Angeles so far this year has closed with the $150 million sale of a 385-unit townhome community in the Inland Empire. Beverly Hills-based multifamily real estate investment firm Archway Equities has acquired the property, The Paseos at Montclair North in Montclair, California, from 4914 Olive Street Properties. The sale is Archway's first multifamily investment in California. Located at 4914 Olive St., the community was marketed for sale by JLL on behalf of the seller and 97% leased at the time of sale.

Isabel Sami