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The multifamily property located at 14924 Roscoe Boulevard in Panorama City was sold for a sale price of $3,590,000. The property consists of 17 units with a price per unit of $211,176. It spans 13,422 square feet, resulting in a price per square foot of $267. Summary of transaction details: Property Type: Multifamily Transaction Amount: $3,590,000 Units: …

David Berneman’s Multifamily Sale In Panorama City For $3.59M By Golden Bee Properties Read More »

Gold Bee’s CEO David Berneman sits on a panel at IMN’s Middle-Market Family Forum Event to discuss Financing & Investing In Stabilized, Cash Flowing Properties.

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 …

Golden Bee Acquires Sylmar Workforce Housing For $40M Read More »

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 …

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

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 …

New Workforce Housing Fund Seeded With Pair of Las Vegas Apartments Read More »

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, …

Man With A Plan Read More »

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 …

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

David Berneman isn’t developing an app. His company isn’t venture backed. In fact, his business is about as low-tech as it gets: He buys houses, fixes them up and flips them. But he too is funded by the crowd. Berneman’s family business, Golden Bee Properties, borrowed $1 million to buy a West Los Angeles home …

How crowdfunding has made flipping houses a lot easier Read More »