Santa Clarita Apartments Sold for $61 Million

The Townhomes at Lost Canyon, an apartment complex in Santa Clarita, has sold for $61 million, according to its buyer, Beverly Hills real estate investor Kennedy-Wilson Holdings Inc. The company bought the 157-unit complex at 18179 W. Terra Verde Place for $388,535 per unit. The seller was Resmark Cos., which bought the complex in 2013 for an undisclosed price, according to CoStar Group Inc. The company said the purchase will expand its presence into the greater L.A. market. The complex was built in 2013 and sits on 12.5 acres. Two-story units include three bedrooms, two-and-a-half bathrooms and two-car garages. The complex has a pool, spa, fitness center, dog park and children’s playground.