A Van Nuys apartment building named after a Navy chaplain was sold for more than $15 million to a provider of affordable housing for the elderly.
Fickett Towers, a 200-unit senior housing complex at 14801 Sherman Way, was acquired by California Commercial Investment Co., real estate broker H. Bruce Hanes of Hanes Investment
Realty Inc. said. The seller was Shepherd of the Hills Church of Porter Ranch.
The 12-story Fickett Towers was completed in 1973 and named after Harold Lord Fickett, the former senior pastor of First Baptist Church of Van Nuys. First Baptist was at one point the largest church west of the Mississippi and had a membership of more than 14,000.
Fickett was the youngest Navy chaplain in World War II, Hanes said.
California Commercial of Westlake Village owns and manages more than 4,000 senior apartment units in 21 states, said Tom A. Lungin, director of acquisitions.