Downey apartments fetch $40M in latest multifamily investor vote of confidence
BAG Investments→Parc @ 5 Apartments
May 12, 2026
Andres Perea-Garzon is leaving Corcoran to join Brown Harris Stevens, departing after eight years as a senior member of the Carrie Chiang Team. The brokerage said he is striking out as an individual agent.
The move follows Compass’ acquisition of Anywhere Real Estate, Corcoran’s parent company, which closed earlier this year. Perea-Garzon cited the rise of private listings and Brown Harris Stevens’ stance on their role in the market as reasons for the exit.
While at Corcoran, the Carrie Chiang Team placed 26th in 2025 with more than $70 million in listing-side trade volume, and Perea-Garzon helped represent the seller in a $46 million transaction for a 30-room townhouse at 973 Fifth Avenue.
BAG Investments→Parc @ 5 Apartments
May 12, 2026
RMWC→Astor Pointe
May 12, 2026
FG Communities→Community in Hendersonville
May 12, 2026
Jesta Group
May 12, 2026
B.A.G. Investments→Parc @ 5
May 11, 2026