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Black Equities Buys Culver City Multifamily for $106M

Black Equities has paid $106 million for a 115-unit mixed-use property in Culver City in a potential record multifamily transaction.

Stanley Black's Beverly Hills-based investment firm Black Equities has paid $106 million for a 115-unit mixed-use property in Culver City, California.

The transaction is said to be perhaps the largest multifamily deal in the history of Culver City, according to Commercial Observer.

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