Los Angeles Business Journal – August 3, 2020: Chateau Marmont, The James Make Upscale Transitions

Posted on August 3, 2020

The James Hollywood - FoyerThe James of Hollywood was featured in Los Angeles Business Journal on August 3, 2020 in “Chateau Marmont, The James Make Upscale Transitions” regarding the upscale transitions The The James is making to adapt the current environment.

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CGI+ Acquires Park Place

CGI+ Acquires Park Place

We are excited to announce that CGI+ has closed on the acquisition of Park Place, a 275-unit multifamily community in the Orlando, FL submarket of Oviedo for $68.95 million. This acquisition caped off a busy year for CGI+ with more than $625 million in transaction activity in 2021.

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Apartment Communities Welcoming More High-Income Earners

Apartment Communities Welcoming More High-Income Earners

Apartment communities are seeing a boost in high income-earning resident applicants.

A growing number of wealthier new renters come from the millennial generation, who are driving the burgeoning lifestyle-renting market. At the same time, many would-be buyers are bowing out of the residential real estate market, trends are showing, according to RentCafe.

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