Oakland Waterfront will bring 378 units of housing to the Brooklyn Basin master-planned community in Oakland, California.
Virtual leasing has been integral to maintaining multifamily leasing momentum throughout the pandemic. In early 2020 we weren’t sure if anyone would want to move during COVID-19, but soon it became clear that more people than ever were prioritizing their living spaces and often seeking more space – leading to a steady stream of potential renters at our properties. Cityview had already started to roll out the tech-enabled leasing model prior to the pandemic, but COVID-19 accelerated that implementation at all of our properties throughout the Western U.S., allowing potential tenants to tour properties in the comfort of their homes.
Denise Katz will oversee a portfolio of core, lease-up and value-add multifamily and mixed-use assets, driving the successful execution of each asset’s business plan.
Cityview was recognized as the no. 1 multifamily developer on this year’s Los Angeles Business Journal commercial real estate developer’s list, ranking no. 4 across all property types. Honorees were selected based on square footage developed in Los Angeles County since 2011.
CITYVIEW PROMOTES COMMERCIAL REAL ESTATE EXECUTIVE TO DIRECTOR OF CAPITAL RAISING AND INVESTOR RELATIONS
In his new director role, Chris Brown will serve as a key investor relations contact for Cityview’s existing capital partners while developing new relationships with public and private capital, consultants, joint venture partners, endowments, foundations and family offices in an effort to support Cityview’s growth trajectory and bustling pipeline.
Situated on 3.5 acres, the property features a mix of studio, one-, two- and three-bedroom floor plans with to up 11-foot ceilings, vinyl wood flooring, stainless steel appliances, in-unit washers/dryers, designer cabinetry, quartz countertops, dual vanity baths, walk-in closets and keyless door entry.
Community amenities include an on-site ski simulator and gear lounge equipped with ski and boot lockers, as well as space for snowboards, mountain bikes and kayaks; and a rooftop deck with outdoor seating, a fireplace, television, drink ledge and ski gondola.
DECO reflects Cityview’s penchant for creating carefully curated communities for renters. It features a number of amenities aimed at complementing Denver’s mountain culture, including an onsite ski simulator and gear lounge equipped with ski and boot lockers, as well as space for snowboards, mountain bikes and kayaks. Roof decks are designed to highlight pristine mountain views with outdoor seating, a fireplace, TV, drink ledge and ski gondola.
A pandemic, it seems, has some strange effects on investors and calendars. Normally, opportunity zone projects are funded in April and June, said Sean Burton, CEO of Cityview, a Los Angeles, California-based multifamily development firm that is building Adams & Grand, an urban residential and retail project near downtown Los Angeles.
But the arrival of COVID-19 in the U.S. early last year, just as Cityview began raising funds for the project, a conversion of small commercial buildings into one integrated complex, upended the plan.
Naye will manage acquisitions, including sourcing, underwriting, closing and developing comprehensive business plans for investors, and work closely with the Cityview team to manage and expand strategic acquisitions across the firm’s vertically integrated platform.
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.
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.
The partner at CityView, a prominent Los Angeles multifamily developer, said her company has used the time to ready the firm for realignment, acquisitions and growth. “It afforded us the opportunity to take advantage of that time to look inward and see where we might want to invest our time and energy,” Halvas told CoStar News.