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Thursday, Mar 28, 2024

All-Cash Deal for Westlake Village Multi-Family Property

The Townhomes of Westlake Village, a 253-unit townhouse and apartment property in Ventura County, was purchased by Los Angeles-based IMT Capital, LLC from Wilshire Equities for $68.5 million. The new owner plans to spend $3 million to upgrade 13-acre property. The acquisition is IMT’s first foray into Ventura County. Dean Zander of Hendricks & Partners brokered the deal.

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