Welcome to Los Angeles Multifamily!
Los Angeles Multifamily is dedicated to serving the needs of real estate investors in the greater Los Angeles area, specializing in the cities of Los Angeles, West Hollywood, and Beverly Hills. Peter Ciriello, a top agent and commercial multifamily property expert in Los Angeles, works from offices in Santa Monica. He has demonstrated abundant knowledge of the marketplace throughout his history at major investment brokerages.

Strong underwriting and tough negotiation are among the skills Peter feels are most important when working in the best interest of buyers and sellers as well as a commitment to helping people achieve their investment goals.

Peter Ciriello
"I believe in commercial multifamily properties, especially in Los Angeles, because they are low risk investments where investors can add value in spite of negative market conditions. This belief has led me to a career in commercial real estate sales, and over the years, I have developed a brokerage philosophy which has brought me much success and more importantly, happy clientele. The philosophy is simple: The best service I can provide is egoless representation of client's needs while aggregating the necessary knowledge to empower my clients in skillfully negotiating the constantly changing real estate climate." - Peter Ciriello

Recent News
CoStar's Retail News Roundup: Feb. 7-13, 2010

This week in the Retail Roundup, CoStar reports on expansions or new concepts at Casual Male, Coach, Subway and Chick-fil-A; closings, cutbacks, bankruptcy, default, receivership or foreclosure news at Disney Store, Movie Gallery, Car Dealerships, Walking...

CoStar's People of Note (Jan. 31-Feb. 6)

This week's People of Note includes the following markets: Chicago, Kansas City, Los Angeles, Minneapolis, National, New York City and Tampa/St. Petersburg. NEW YORK CITY, NATIONAL Rufrano Named CEO of Cushman & Wakefield By Andrew Deichler Cushman...

Fandango Expands to 30,000 SF at Westside Media Ctr.

Fandango, a Web site frequented by moviegoers for ticket purchases and all things movie related, signed a seven-year lease to renew 17,865 square and expand into 12,135 square feet at 12200 W. Olympic Blvd. in Los Angeles, CA. One of three Class A...

Clarcor Relocates in Corona

Clarcor Air Filtration Products Inc., an Indiana-based manufacturer, signed a 50,604-square-foot lease for five years in Corona, CA, with Oltmans Investments Co. Clarcor will occupy the entire building. The 50,604-square-foot industrial building is...

Top Ranked Sales Agents Join Colliers in L.A.

Colliers International recruited two top sales professionals to its executive ranks. Kitty Wallace and Scott Heaton joined the firm as senior vice presidents in the downtown Los Angeles office. Wallace has closed more than 100 multi-million dollar...

Optec Displays Lights Up on Nogales Street

Dedeaux Properties LLC, a Los Angeles-based facility management company, has now leased three of the four units at its recently completed 71,460-square-foot multi-tenant industrial building in City of Industry, CA. Optec Displays Inc., a leading...

Grubb & Ellis Names Kase as Sr. Portfolio Manager

Caroline A. Kase joined Grubb & Ellis Co. to oversee its property management operations throughout Southern California. Kase will take the title of senior portfolio manager and be based in Newport Beach. She has 24 years of progressive leadership in...

Foussianes Joins Colliers Corporate Solutions Operation

Nick Foussianes joined Colliers International’s Client Solution Design division of Corporate Solutions as executive managing director in the Southern California office in San Diego. He will work with corporate clients on both a functional and development...

Cushman Taps Dieter to Lead Industrial Practice

Jim Dieter, SIOR has come out of retirement to head Cushman & Wakefield’s industrial real estate practice. Dieter, who retired from an eight-year stint as head of CB Richard Ellis’s industrial practice in The Americas last November, will now lead Cushman...

CoStar Power Broker Awards To Recognize the "Best of the Best"

Did you outdo, out-sell, out-lease and outshine your competition in 2009? Have your professional accomplishment recognized by qualifying for the 2009 CoStar Power Broker Award! If you’ve won this prestigious commercial real estate Award, or know others...

Lease Up/Lease Down (Jan. 31 - Feb. 6): Exploring Possibilities: Ford Adding 1,200 Jobs in Chicago

CoStar compiles news of corporate expansions, relocations, extensions, closures, layoffs, lease cancellations and mergers in the weekly Lease Up/Lease Down news report, a concise read keeping you updated on major corporate moves affecting commercial...

Bank Watch: Regulators Close Four Banks

The Office of the Comptroller of the Currency closed the First National Bank of Georgia in Carrollton, GA, and appointed the FDIC as receiver. The FDIC entered into a purchase and assumption agreement with Community & Southern Bank, a newly chartered...

In The Pipeline: CoStar Development and Construction News for Jan. 31-Feb. 6

This week, CoStar reports that Jones Lang LaSalle has landed a contract to provide development services for KMPG's new headquarters offices at Two Financial Center in Boston. In New Jersey, billionaire Stephen Ross is reportedly consider a $500 million...

Lease Up/Lease Down (Jan. 24-30): Disconnecting the Landline: Verizon to Cut 13,000 Jobs

CoStar compiles news of corporate expansions, relocations, extensions, closures, layoffs, lease cancellations and mergers in the weekly Lease Up/Lease Down news report, a concise read keeping you updated on major corporate moves affecting commercial...

In The Pipeline: CoStar Development and Construction News for Jan. 24-30

In this week's issue, we report on two more large construction projects awarded to Turner Construction for projects in Queens, NY and Atlanta, GA; San Francisco data center developer Digital Realty Trust, Inc. will team up with KDC to develop build-to...

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Featured Properties
Click for Details58 Units + 7 Retail Close to Downtown
1507-13 W. Pico Blvd.
Status: Sold
Price: $3,500,000
Units: 65
Year: 1920

Click for DetailsForty-Four Units in Silverlake
975 Vendome St.
Status: Sold
Price: $2,750,000
Units: 44
Year: 1926


Recent News
Bailout Will Help, but Pitfalls Remain

U.S.News & World Report
By Rick Newman 

The mammoth financial bailout plan is finally in place. But don't exhale just y...

 

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