NAI Capital Sells 45 Unit Historic Newberry Lofts in Los Angeles

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By RealEstateRama -

LOS ANGELES, CA – March 20, 2012 – (RealEstateRama) — Roman Ciuni and Kurt Hediger of NAI Capital’s Newport Beach office have sold the historic 45-unit 61,425 sq. ft. Newberry Lofts residential building located at 900 E 1st Street in downtown Los Angeles. The buyer, M West Holdings, will take over the ongoing renovation of the property. The team represented both buyer and seller. The property was not listed and the transaction closed off-market

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