David Kaye and Joe Listhaus from Rockledge, along with Peter Hungerford from PH Realty Capital, recently acquired a multifamily property in Hamilton Heights for $11.35 million. The 66-unit building located at 401-405 Edgecombe Avenue was purchased at a per-unit price of approximately $171,970 and had an overall square footage of 53,815 resulting in a price per square foot of $211. Ben Khakshoor and Aaron Jungreis from Rosewood Realty Group brokered the sale.
Senior Financing Secured for Culver City Movie Theater
JLL Capital Markets has successfully arranged a senior financing of $12.5 million for the Culver Theater, a 41,341-square-foot movie theater