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Major Hines deal signals that institutional investment is back in Los Angeles

Texas firm pays $428 million for mixed-use apartment complex in Playa Vista
Built in 2015, Runway Play Vista is a four-building "live-work-play" complex in the heart of Playa Vista’s master-planned community. (CoStar)
Built in 2015, Runway Play Vista is a four-building "live-work-play" complex in the heart of Playa Vista’s master-planned community. (CoStar)
CoStar News
September 30, 2025 | 6:25 P.M.

A top-end complex with luxury apartments, a Whole Foods and other in-demand property types has sold in one of the priciest commercial deals for Los Angeles in years.

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