Post Buys Northridge’s Candlewood Apartments for $51 Million
The Candlewood North apartment complex in Northridge has a new owner. Beverly Hills-based Post Investment Group bought the 189-unit residential community at 9830 Reseda Boulevard for $51.1 million, the Los Angeles Times reported. The deal works out to $270,000 per unit. The seller, Waterton, bought the property in 2016 for $43.6 million. The property spans