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Globe Street Article
Published: Tuesday, June 12, 2007
Quick Close Takes $53M Koreatown Apartments
LOS ANGELES-Locally based Starpoint Properties has sold the 302-unit Emerald Terrace apartment complex for $52.75 million after holding it for two years and upgrading it, according to Sperry Van Ness. The two-building property is at 136 and 160 S. Virgil Ave. in Koreatown and traded in a deal that was brokered by Kitty Wallace of Sperry Van Ness in Los Angeles, who represented the seller. The buyer was not disclosed, but the complex is now listed on the Fairfield Residential website as one of Fairfield's properties.
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Globe Street Article