Press

CITYVIEW CHIEF BURTON TAKES LONG VIEW ON LA

Burton serves as chief executive at Cityview, one of the most active multifamily developers in L.A. The company has invested nearly $4 billion in urban projects, from Koreatown to the Westside, to help meet the city’s growing demand for housing. Many of Cityview’s projects are near transportation and work hubs.

CITYVIEW SECURES FUNDING FOR $125M SOCAL OPPORTUNITY ZONE BUILD

Southern California-based developer CityView has secured funding to move forward on its $125 million multifamily projects, Adams & Grand. The seven-story property is located near USC in an opportunity zone and will feature 296 units and 5,000 square feet of retail space. With funding in place, construction will begin this month, and the property is scheduled to deliver in early 2023.

CITYVIEW SECURES $125 MILLION IN FUNDING FOR PROJECT NEAR USC

Century City-based multifamily developer Cityview has secured $125 million in funding for an opportunity zone project near USC.
The mixed-use development, dubbed Adams & Grand, will include apartments plus retail space and parking at 2528 S. Grand Ave.

CAPITAL INVESTORS BEGIN TO PLAY BALL AGAIN

Apartment owner and developer Cityview has managed to find its footing amid the market dislocation. So far, rent collections and leasing activity has been healthy, and the firm has yet to drop rental rates for both renewals or new move-in leases. However, the company has increased up-front concessions to help drive new leasing activity.

CRE IS STARTING TO SOLVE ITS DIVERSITY PROBLEM

Apartment owner and developer Cityview has managed to find its footing amid the market dislocation. So far, rent collections and leasing activity has been healthy, and the firm has yet to drop rental rates for both renewals or new move-in leases. However, the company has increased up-front concessions to help drive new leasing activity.

MULTIFAMILY IN A PANDEMIC: Q&A WITH CITYVIEW’S SEAN BURTON

Apartment owner and developer Cityview has managed to find its footing amid the market dislocation. So far, rent collections and leasing activity has been healthy, and the firm has yet to drop rental rates for both renewals or new move-in leases. However, the company has increased up-front concessions to help drive new leasing activity.

Devang Shah

Managing Director, Acquisitions
Devang Shah is responsible for multifamily value add acquisition and asset management in Southern California. He has 22 years of experience in real estate investment, development, design, construction and asset management. Previously, Devang was the principal of Marketcents Inc. an independent project management firm, serving as an owner’s representative to investment firms, builders and developers. Prior to that, he worked was Vice-President at RCLCo, LLC, a national independent real estate consulting firm. ​