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Condominium Development
In 2004, CGI acquired five adjoining lots occupied with single-family residences and smaller apartment buildings. Working with its team of architects and engineers, CGI entitled the property and built a 50 unit condominium building over a two level subterranean parking garage. After completing construction on schedule, CGI sold 48 of the units and kept the remaining two as rental units.
| Property Address | 6938 Laurel Canyon Blvd, Los Angeles, CA |
| Acquisition Date | 2004 |
| Asset Type | Luxury Condominium Development |
| Sale Date | 2008 |
| Size | 50 Units |