Sentral, a Class-A multifamily property management company headquartered in San Francisco and Denver, has added three communities to its portfolio: Quincy in San Francisco, Reveal Playa Vista in Los Angeles and 24Fifty at University Park in Denver. Quincy expands Sentral’s Bay Area presence to seven communities; Reveal Playa Vista is the 10th community in the Los Angeles area and 24Fifty is Sentral’s second community in Denver.
Quincy, located at 555 Bryant S. in San Francisco, is a new development from Strada Investment Group and will open later this month. “We’ve seen the success Sentral has had with other Class A buildings in the Bay Area with their service-first approach to building a strong community, and we knew that partnering with Sentral would bring our vision for Quincy to life,” said Strada principal Will Goodman.
Both Reveal Playa Vista, located at 5710 Crescent Park East in Los Angeles and 24Fifty at University Park, located at 2450 S. University Blvd., are under the same institutional ownership. Sentral’s management portfolio nationwide is valued at more than $4 billion.
Pictured: Quincy.
Lincoln Property Company and McCourt Partners have broken ground for ElevenOneEleven, a new mixed-use development in Culver City. The groundbreaking occurred three weeks after Lincoln and McCourt announced $133 million in construction financing from Bank OZK. Set to rise on a vacant parcel, ElevenOneEleven will deliver 344 rental apartments, including 52 affordable units, along with 2,000 square...
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Logisco is stripping back the amenity race with a $60M Quebec City apartment development aimed at renters who would rather pay less each month than fund pools, gyms and other extras. The developer has started construction on 193 apartments at 7075 Wilfrid-Hamel Blvd., the first project under its new Elie rental brand. The 10-storey building...
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Virtus Diversified REIT has purchased a 91-suite retirement residence in Hamilton for $26M, expanding its seniors housing portfolio. The acquisition of Abington Court Retirement Residence at 1500 Main St. E. closed Nov. 3. The independent living property opened in 2005 and added 20 suites in a 2018 expansion. Located west of the Red Hill Valley...
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