February 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