The Baxter
Investment Overview
In 2018, CGI+ purchased 1818 Cherokee, previously used as a surface parking lot for the adjacent historic property The James. After initially planning to build 53 units on the site, CGI+ was able to secure final approval to develop an 86-unit apartment building The Baxter on the site. The project broke ground in 2021, with completion anticipated in 2023.
Transaction Details
Property Address: | 1818 N Cherokee Ave, Los Angeles CA |
Acquisition Date: | December 2018 |
Investment Type: | Residential Development |
Asset Type: | Luxury multi-family and extended-stay |
Size:< /td> | 86 Units |