CGI Strategies was featured in Urbanize Los Angeles on August 19 2020 in “Seven-Story, 86-Unit Development Could Replace Hollywood Parking Lot” outlining CGI’s plans for the construction of a seven-story edifice featuring 86 studio, one-, and two-bedroom apartments above a two-level, 61-car basement garage.
In exchange for the development incentives, CGI would set aside 21 apartments as deed-restricted affordable housing at the very low-income level.
Family offices are not built for quarters. They are built for generations.
That distinction shapes everything; how risk is understood, how capital is deployed, and, perhaps most importantly, how patience is exercised. The objective is not to outperform in a moment, but to preserve and compound capital in a way that endures.
Over time, this mindset tends to return to certain asset classes. Real estate has consistently been one of them, not because it is perfect, but because it has proven to be resilient.
CGI+ Real Estate Strategies, the multifamily investment firm founded by Gidi Cohen, has sold a fully entitled Los Angeles development site to JPI for $40 million.