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Golden Bee Acquires Sylmar Workforce Housing For $40M

Golden Bee Properties has purchased Mountain View Manor, a 200-unit workforce housing community in the Los Angeles-submarket of Sylmar, CA. Real estate brokerage firm Partners CRE marketed the property on behalf of the seller, Positive Investments, and also represented the buyer in the $39.5 million transaction. “This latest acquisition underscores the continued demand for high-quality …

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Ackerfield 2

Let’s face it – the housing shortage is real in California. Housing insecurity affects nearly half of all adults at some point in their lives, and each year the shortage gets worse. Therefore, we at Golden Bee Properties are answering the call for affordable housing in a different way. We’re doing this by helping to …

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Golden Bee Properties Receives $50MM in Financing for Southern California Multifamily Portfolio

LOS ANGELES, CALIFORNIA – Zalmi Klyne, senior vice president of Northmarq’s Los Angeles-based regional office, recently completed nearly $50 million in financing for Golden Bee Properties’ recapitalizing of seven multifamily properties in Los Angeles and purchase financing for a two-property portfolio in Long Beach. “Our purchase of the Ackerfield assets and recapitalization of our South …

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New Workforce Housing Fund Seeded With Pair of Las Vegas Apartments

LA’s Golden Bee Properties Expecting To Raise $30 Million from Investors   Golden Bee Properties, a Los Angeles-based real estate investment firm, has launched its latest workforce housing investment fund and seeded it with two recently acquired apartment properties in Las Vegas and an under-construction multifamily project in Los Angeles. Founded in 2011, Golden Bee …

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Man With A Plan

David Berneman finds investments in ways and means others wouldn’t think or dare to try. The Culver City, CA based investor charts his own path through unexpected L.A. areas.   Where others see dilapidation and distress, David Berneman sees dollars. Like any investor, Berneman, 33, wants to make as much money as possible. But unlike many investors, …

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Golden Bee Properties drops $17M on South LA apartment portfolio

The deal comes amid a recent investment boom in Inglewood. Culver City-based property investment firm Golden Bee Properties paid $17.4 million to acquire eight apartment complexes throughout South Los Angeles and Hawthorne. The 107 combined units — a mix of studio, one-, two- and three-bedroom apartments — were purchased from private individual sellers, the Los …

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