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GPI Companies has acquired The Lofts at NoHo Commons, a 292-unit, Class A podium-style multifamily project in North Hollywood. The transit-oriented, mixed-use property was originally built in 2006 and was extensively renovated in 2017. The price was not disclosed.
The property is located in the heart of the North Hollywood Arts District at the intersection of Lankershim and Chandler, proximate to numerous restaurants, bars, and an Amazon Fresh grocery.