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
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86 Units