Cityview Sells Wilmington Apartments for $75 Million

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Cityview Sells Wilmington Apartments for $75 Million

02.21.2017

Developer and investment management firm Cityview has sold the Wilmington apartment complex it built last year to the Redfern Family Trust for $75 million, according to public records.

Cityview, based in Westwood, said in a press release Tuesday that the deal marked the final sale of a property developed through its Cityview Los Angeles Fund I, which raised $150 million in equity to invest in 21 projects in Los Angeles.

by Daina Beth Solomon, LA Business Journal

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