Cityview, a vertically integrated real estate investment manager specializing in multifamily, and Stockbridge, a private equity real estate investment management firm, recently celebrated the grand opening of Apollo – a 265-unit multifamily community in Los Angeles’ South Bay. Project partners, city officials, and Gardena Mayor Cerda joined the Cityview and Stockbridge teams to mark the milestone.
“Apollo is ideally located in the heart of the aerospace corridor, which has made the South Bay one of the most exciting innovation hubs in the country,” said Sean Burton, CEO of Cityview. “By delivering new housing in this high-demand, job-rich area, we’re helping address Southern California’s critical housing shortage while creating a community that residents are proud to call home.”
Located at 12888 Crenshaw Blvd., the apartment community is within five miles of more than 260,000 jobs. Apollo is also a short walk from the Metro Green Line and minutes from LAX, SoFi Stadium, the Intuit Dome and some of Southern California’s most popular beaches.
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An affiliate of Hathaway Development has started work on The Exchange at Wyle Oaks, a 325-unit apartment community is Apopka, near Orlando. The project is one of the first at the 215-acre Wyld Oak mixed-use project. Financing for the approximately $71 million development includes a $47 million construction loan from Ameris Bank and $22 million...
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