RTD Building
Downtown Los Angeles, CA – One of the older significant properties that our investment group acquired was the RTD Building. This asset was purchased from Whitehall Real Estate Inc., a division of Goldman Sachs. This asset is located in Downtown LA (500,000 sq/ft), was a redevelopment project with entitlements which was later sold with significant profit with high IRR. The property has been redeveloped as a landmark redevelopment project into Artist Loft residences. This area of Downtown Los Angeles has gone through tremendous transformation in Urban Redevelopment, proof to our early vision in selecting areas with high potential for appreciation of value.