trending Market Intelligence /marketintelligence/en/news-insights/trending/1nEC5HueG4daJ9QQVhPWJQ2 content esgSubNav
In This List

Greystar buys Glendale, Calif., apartment block for $119M

Blog

Using ESG Analysis to Support a Sustainable Future

Podcast

Street Talk Episode 87

Blog

A New Dawn for European Bank M&A Top 5 Trends

Blog

Insight Weekly: US banks' loan growth; record share buybacks; utility M&A outlook


Greystar buys Glendale, Calif., apartment block for $119M

Greystar Real Estate Partners LLC bought The Griffith, a six-story apartment building in Glendale, Calif., from AFL-CIO Investment Trust Corp. and PNC Realty Investors Inc. for $119 million, the San Fernando Valley Business Journal reported, citing records.

The 220-unit building consists of one-, two- and three-bedroom units and includes facilities such as a fitness center, conference room, gaming area, clubhouse and a pool.

The property was 93% leased at the time of the sale, the publication added, citing CoStar Group Inc.

Greystar did not respond to requests for comment by the San Fernando Valley Business Journal.