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A new apartment venture is bullish on California, despite headwinds

Amonte Living targets $500 million for West Coast properties
Arselle Investments and Amoroso Companies bought the 48-unit Terraces at La Cienega in West Hollywood, California, for $23 million last year. (CoStar)
Arselle Investments and Amoroso Companies bought the 48-unit Terraces at La Cienega in West Hollywood, California, for $23 million last year. (CoStar)
CoStar News
February 10, 2026 | 9:23 P.M.

As apartment prices reset across the U.S. West, two Southern California real estate firms are betting that market dislocation will create the next wave of multifamily buying opportunities.

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News | A new apartment venture is bullish on California, despite headwinds