MG Properties Acquires 264-Unit Carillon Apartment Homes in Los Angeles for $93M

LOS ANGELES — MG Properties has purchased Carillon Apartment Homes, a multifamily property located in the Warner Center/Woodland Hills area of Los Angeles. Fairfield Warner LLC, represented by Fairfield Residential, sold the property for $93 million, or $352,272 per unit.

Greg Harris, Ron Harris, Kevin Green and Joseph Grabiec of Institutional Property Advisors (IPA), a division of Marcus & Millichap, represented the seller and procured the buyer in the deal.

Built in 2008 on five acres, the 235,214-square-foot property features 264 apartment units.