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Avanath and Public Agency Pay $220M for Baldwin Village Apartments

Avanth and LA Agency

An Orange County affordable housing investor has teamed up with L.A.’s housing authority to buy a 669-unit apartment complex in Baldwin Village for $220 million.

Avanath, in a joint venture with the Housing Authority of the City of Los Angeles (HACLA), bought the Baldwin Village Apartments, scattered south of Crenshaw Boulevard, Urbanize Los Angeles reported. The seller was not identified.

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