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Recent commercial real estate transactions

by Andrea Waitrovich

Transactions reported this week included the sale of a two-property portfolio in Los Angeles.

Apartment Investment and Management Co., a REIT, acquired a 47 percent interest in three Los Angeles apartment properties from the Palazzo joint venture owned by institutional investors advised by J.P. Morgan Asset Management for $451.5 million.


Buyer Seller Property name Location Size Price (m) Price per size

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