R.D. Olson, Meta Housing Launch Warner Center Affordable

R.D. Olson, Meta Housing Launch Warner Center Affordable
News| January 12, 2026| Paul Bubny
California & West + Apartment Buildings

R.D. Olson Construction has broken ground on De Soto, a $62-million, 207-unit affordable housing complex in Woodland Hills. The project advances the Warner Center 2035 Specific Plan’s goals, to deliver more housing, jobs and transit connections amid Los Angeles’ affordability crisis. R.D. Olson is partnering with developer Meta Housing Corporation on its second affordable housing complex within Warner Center, following the first phase of The Alcove. 

“Los Angeles faces one of the nation’s most severe affordable housing shortages, with families and working professionals priced out of safe, quality housing,” said Bill Wilhelm, President of R.D. Olson Construction. “Combined with The Alcove, we’re contributing over 500 units to Warner Center’s transformation into a more inclusive, transit-connected community and addressing both immediate needs and long-term affordability goals.” 

In common with The Alcove, De Soto is a ground-up construction project. However, the seven-story building will only be built in one phase over the span of 24 months, with completion expected in early 2028. The Alcove is currently finalizing construction of the first phase, with the second underway with planning.  

Other News

Queens’ Tallest Tower Reaches 90% Leased, Adds First Retail Tenants

New York & Tri-State + Apartment Buildings

BLDG Management Co., Inc announced that The Orchard, Queens’ tallest tower, has surpassed 90% leased across its 824 residences nine months after launching residential leasing. The milestone occurs as the 70-story Long Island City development recently signed its first three retail tenants: K-beauty brand Tokimo, Japanese tea and beverage brand Mollytea and financial technology platform...

Learn more

80-Unit Seniors Housing Development Opens in Suburban Chicago

Chicago & Midwest

Leyden Senior Apartments, a new four-story independent senior living development in Franklin Park, recently opened.  Located at 2506 N. Mannheim Road, Leyden Senior Apartments offers one- and two-bedroom residences. The adjacent newly constructed Carl Fiorito Senior Center will be available to the entire community. Owned by Leyden Apartments LP, Leyden Senior Apartments was designed by...

Learn more

312-Unit Multifamily in Indiana Changes Hands

Chicago & Midwest + Apartment Buildings

Northmarq’s Investment Sales team, led by Bobby Schiavone, Jordan Arand and Adam Klenk, led the sale of The Bend Apartments, a 312-unit garden apartment community located at 1909 Greentree Blvd. in Clarksville, Indiana. Northmarq represented the seller, a regional multifamily developer. The buyer was a private investor. “The Bend generated significant investor demand, further proving...

Learn more
New call-to-action

Brokers

View All

Lenders

View All

Management

View All
Login
or
Sign up