Slate Property Group makes first investment in LA with $39M portfolio buy

Slate Property Group, a New York City-based real estate investment and development firm, has paid $39 million to acquire two multifamily properties in Hollywood, The Real Deal has learned. The off-market deal, which closed Thursday, marks the first investment in Los Angeles for Slate, a player in New York’s real estate market. The portfolio includes the historic, 102-unit Villa Elaine Apartments at 1245 Vine Street, as well as a smaller 55-unit complex at 1665 Sycamore […]


Source: Real Estate

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