Gortikov Capital Pays $120M for Santa Monica Affordable Housing Portfolio
October 15, 2024, 9:15 pm
Gortikov Capital agreed to pay $120 million, or $300,752 per unit, for the Samo Collection, a portfolio of 399 rent-restricted affordable housing units across 11 buildings. Prominent investor Neil Shekhter’s WS Communities sold the portfolio managed by Cirrus Asset Management.
