September, 2011 | Charles Dunn Company
News

Charles Dunn Company, one of the largest full-service regional real estate firms in the Western United States, has completed the $9 million sale of a stalled two-building, 152,127 square foot affordable housing conversion project located at 808 S. Spring Street in Los Angeles. The project, called Chinatown Metro Apartments, which is adjacent to Chinatown and...  |  Read More
Paul A. Kenworthy, CCIM, senior managing director with Charles Dunn Company, represented the buyer, Los Angeles -based Lever Apartments LP. The seller, a private investor from Los Angeles, represented itself. The closing cap rate was 5.4 percent. According to Kenworthy, since the close of escrow early this month, the buyer has increased the rents by...  |  Read More