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LOS ANGELES – Pacific Reach Properties has acquired the 37-unit Blu Beverly Hills apartment building for an undisclosed sum. The luxury high-rise apartment building is located at 8601 Wilshire Blvd. in Los Angeles. It includes a fitness center, rooftop lounge, media room, business center and 24-hour concierge and valet. The building also includes 650 square feet of ground-floor retail space. Andrew Kirsh, Mark Nicoletti and Michael Floryan of Sklar Kirsh LLP advised Pacific Reach on the purchase, financing and reverse 1031 Exchange associated with this acquisition.