Six of the 10 priciest multifamily deals in Los Angeles County were located in the City of L.A., meaning they were taxed extra via Measure ULA, which has slowed commercial trades but wasn’t enough to keep these parties from buying or selling. The 10 deals combined total about $1.2 billion, and the six within the City of Los Angeles accounted for approximately $45 million in Measure ULA taxes, which come at a 5.5 percent rate on sales of more than $10.5 million. This ranking is based on The Real Deal’s analysis of data via CBRE and Kidder Mathews through late-September […]
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