Insights > Deals
Post Investment buys Los Angeles rental asset for $60 million
21 October 2026 | Asset acquisition | US | 302 units | Operational
The reported Violet on Virgil sale price is one‑third below its $90 million 2018 transaction value.
Key details
Asset type | Operational |
Location | Los Angeles, US |
Capacity | 302 units |
Buyer | Post Investment Group |
Seller | LivCor |
Lender | Freddie Mac |
Value | $60 million |
Source: Yield PRO
LivCor has sold Violet on Virgil at 160 South Virgil Avenue to Post Investment Group. The buyer used a $47.3 million Freddie Mac loan originated by KeyBank.
The 1971‑built property comprises two low‑rise buildings with studio, one‑bedroom and two‑bedroom apartments.
Strategic context
The earlier $90 million sale provides a direct historical price comparison for this specific property. It does not establish the seller’s total investment loss, which would also depend on income, financing and capital expenditure during ownership.
For the new buyer, the lower purchase basis is an entry point into existing rental stock, not additional supply.
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