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INVESTMENT
HIGHLIGHTS
• Prominent new mixed-use development • Attractive last dollar basis of $80.9 million
with 250 apartment units above nearly ($323,688/unit), representing a conservative
6,600 square feet of ground-floor retail on 66.5% of stabilized value based on a 4.5%
a 2.4-acre site in the San Fernando Valley exit cap
region of Los Angeles
• Formed by Gelt and Uhon, the sponsorship
• With scheduled completion in Fall 2020, team brings extensive multifamily ownership
the project is poised to become the newest experience with combined portfolios of more
multifamily delivery and leading offering in than 10,000 units across the Western U.S.
the market as a demand-driven response to
the aging local product and shortage of new, • Professionally managed by Moss & Company,
amenitized inventory one of the largest regional property management
companies in Southern California serving more
• Highly visible location on a major central than 13,000 multifamily units
thoroughfare in close proximity to regional
higher education institutions, hospitals, shopping
centers, and other employment generators
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