12/29/2022
CoStar Group, Inc., the leading provider of commercial real estate information, analytics, and online marketplaces, today announced the CoStar Power Broker Deals winners for 2022. Gabriel Guerrero and Justin Chu of KW Commercial came out on top in the list of winners in Los Angeles. The CoStar Power Brokers Deals winners are determined by the top deals based on price and square footage.
Gabriel Guerrero and Justin Chu represented both buyer and seller on the largest multi-family transaction in Los Angeles County and Southern California in decades, a $402-million multifamily property portfolio deal in Downtown Los Angeles.
Guerrero and Chu skillfully prepared pro forma financials to show the potential of the properties rather than how they were currently doing. There is great significance to this transaction for Downtown Los Angeles and the surrounding area. This sale keeps 1,038 units that would have otherwise been condos within rental capacity, adding to Downtown Los Angeles' vibrancy as a great rental market.
Please help us congratulate Gabriel Guerrero and Justin Chu on their 2022 CoStar Power Broker Award. To have Guerrero/Chu prepare a BOV for your assets, please contact Gabriel Guerrero at 323-841-1717 or email him at [email protected] or Justin Chu at 626-321-3211 or email him at [email protected].
_______
Institutional Asset Advisors
KW Commercial
(323) 841-1717
[email protected]
InstitutionalAssetAdvisors.com