Magnolia Capital Acquires 850+ Units in Three CA Markets

Magnolia Capital entered the California market with three new acquisitions in Oakland, San Diego, and downtown Los Angeles. 

Domain Oakland

Oakland, CA
264 Units
Year Built: 2011
Closing Date: May 2018

Domain Oakland is a 264 unit, condo-quality asset located in the heart of Oakland’s CBD.  The community was designed with spacious units, state-of-the-art amenities, and houses a local art gallery as well as 2,505 square foot of retail space.

Domain San Diego

San Diego, CA
379 Units
Year Built: 2012
Closing Date: June 2018

Domain San Diego is a 379-unit luxury multifamily community located in Kearny Mesa, a central San Diego neighborhood. The property is situated in Centrum Park and residents have access to the property’s lifestyle amenities including a 2-story clubhouse, resort-style pool and spa, and three outdoor courtyards.

Canvas L.A.

Los Angeles, CA
210 Units
Year Built: 2008
Closing Date: June 2018

Canvas L.A. is a 210-unit mid-rise property located in the rapidly evolving Downtown Los Angeles market. The property is walkable to over 40 million square feet of Class A office space. Residents in the community benefit from spacious units and unique floor plans and have access to the rooftop deck with city views.

For additional details regarding these acquisitions or Magnolia Capital, please contact:

Will Beam
Managing Director of Investments
(312) 881-4439

Cecile Taylor
Director of Client Services
(312) 881-4426