Main multifamily funding is flowing in Southern California. Sam Zell’s Fairness Residential has unloaded two adjoining properties with 454 items in Hermosa Seaside in Los Angeles County’s South Bay for a mixed $275 million. Prime Residential acquired the 285-unit Playa Pacifica and 169-unit The Gallery for $162.5 million and $112.5 million, respectively, two blocks from… Continue reading Sam Zell’s Equity Residential Unloads 454 Units in LA for $275M – Commercial Observer