Wellpointe Plans $2B Affordable Senior Living Complex in Warner Center
Wellpointe Inc. unveiled plans for Viva L.A. at Warner Center, a four-phase, 100% affordable senior housing community at 6400 Canoga Ave. in Warner Center’s downtown district. The development represents a total estimated investment of $2 billion at the 4.71-acre Woodland Hills site that a Wellpointe property-holding affiliate acquired in 2025 from Parkview Financial.
Designed by Gensler, Viva L.A. at Warner Center will comprise four high-rise towers ranging from 34 to 42 stories and will be located down the street from the planned Rams Village. The approximately 2.2-million-square-foot project, with 61,450 square feet of non-residential uses, will replace an existing commercial office building with 3,192 new affordable residential units.
“Viva represents our conviction that affordable housing, paired with assisted living services as needed, can be delivered at the scale and density that California’s aging population in core urban centers actually needs,” said George Kutnerian, co-founder & CEO of Wellpointe. “Despite the overwhelming need for a new model, senior living continues to be built out rather than up – even in dense urban areas – and quality is treated as incompatible with affordability. Viva rejects that premise.”
Where the apartment industry connects. Meet the owners, investors, developers, lenders, brokers, and service providers driving today’s multifamily market at Connect Apartments. Build relationships, uncover opportunities, and stay ahead of what’s next.
Other News
Levin Johnston Closes Apartment Sale in One of San Jose’s Strongest Submarkets
Levin Johnston of Marcus & Millichap recently completed the sale of First Street Manor, a 39-unit apartment community in San Jose. Executive managing directors Adam Levin and Robert Johnston, along with senior director, investments Cole Simpson, represented the seller and procured the buyer in the $9.112-million transaction. The Levin Johnston team demonstrated the asset’s upside...
Learn more
Associated Bank Completes $17M Loan for Libertyville Apartment Acquisition
Associated Bank announced the completion of a $16.5 million loan towards the $22 million total acquisition price of Eleven5 Lake Apartments at 115 Lake Street in Libertyville, Illinois. The property is a stabilized mixed-use property with 34 apartment units with 41 dedicated apartment parking spaces, and 25,147 square feet of ground-floor commercial space. The apartments...
Learn more
NYC Investment Sales Top $23 Billion in First Three Quarters of 2026
New York City investment sales reached $23.69 billion across 1,914 transactions in the first three quarters of 2026, up 9.1% and 7.9%, respectively, from a year earlier, Ariel Property Advisors reported. The year’s first half was especially strong, with dollar volume up 36% in Q1 and 31% in Q2, year-over-year. However, dollar volume in Q3...
Learn more
Brokers
View All-
Remax Real Estate Professionals
Re/Max Real Estate Professionals
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Greg Corbin
Northgate Real Estate Group
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout