DOCSLIB.ORG

Multifamily Investment Offering 82-Unit Boutique Community in the Noho Arts District

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Multifamily Investment Offering 82-Unit Boutique Community in the Noho Arts District MULTIFAMILY INVESTMENT OFFERING 82-UNIT BOUTIQUE COMMUNITY IN THE NOHO ARTS DISTRICT CAPITAL MARKETS | INSTITUTIONAL MULTIFAMILY GROUP | OFFERING MEMORANDUM EXCLUSIVE AGENTS MARC D. RENARD MANFRED W. SCHAUB MORGAN T. JACKSON CUSHMAN & WAKEFIELD 213.955.6413 213.955.5128 213.955.6452 OF CALIFORNIA, INC. (Lic. #00955076) (Lic. #001262271) (Lic. #01966658) 900 Wilshire Blvd., Suite 2400, [email protected] [email protected] [email protected] Los Angeles, CA 90017 (Lic. #616335) Confidentiality & Conditions This is a confidential Offering Memorandum intended solely for your limited Offering Memorandum or making an offer to purchase the Property unless use and benefit in determining whether you desire to express any further and until a written commitment to purchase the Property has been fully interest in the purchase of nVe, North Hollywood, California (“the Property”). executed, delivered and approved by Ownership and any conditions to Ownership’s obligations thereunder have been satisfied or waived. Except This Offering Memorandum was prepared by Cushman & Wakefield for representations and warranties expressly set forth in such definitive, of California, Inc. (“Cushman & Wakefield”) and has been reviewed by executed purchase and sale agreement, Ownership makes and will make no representatives of the owners of The Property (“the Ownership”). It contains representations and warranties regarding the Property and any prospective selected information pertaining to the Property and does not purport to be purchaser must rely entirely on its own investigations and those of its agents all-inclusive or to contain all of the information that prospective purchasers and consultants. may desire. It should be noted that all information provided is for general reference purposes only in that such information is based on assumptions By receipt of this Offering Memorandum, you agree that this Offering relating to the general economy, competition, and other factors beyond Memorandum and its contents are of a confidential nature, that you will hold the control of Ownership and, therefore, is subject to material variation. and treat it in the strictest confidence, and that you will not disclose this Additional information and an opportunity to inspect the Property will be Offering Memorandum or any of its contents to any other entity without made available to interested and qualified prospective purchasers. Neither the prior written authorization of Ownership nor will you use this Offering Ownership nor Cushman & Wakefield nor any of their respective officers Memorandum or any of its contents in any fashion or manner detrimental to have made any representation or warranty, express or implied, as to the the interest of Ownership or Cushman & Wakefield. accuracy or completeness of this Offering Memorandum, any of its contents, The terms and conditions stated in this section will relate to all of the or any other materials provided as a courtesy to facilitate prospective sections of the Offering Memorandum as if stated independently therein. If, purchaser’s own investigations of the Property, and no legal commitments or after reviewing this Offering Memorandum, you have no further interest in obligations shall arise by reason of this Offering Memorandum, its contents purchasing the Property at this time, kindly return this Offering Memorandum or any further information provided by Cushman & Wakefield regarding the to Cushman & Wakefield at your earliest possible convenience. Photocopying Property. or other duplication is not authorized. Ownership and Cushman & Wakefield expressly reserve the right, at their sole discretion, to reject any or all expressions of interest or offers to purchase the Property and/or terminate discussions with any entity at any time with or without notice. Ownership shall have no legal commitment or obligation to any entity reviewing this Cushman & Wakefield of California, Inc., as exclusive advisor, is offering for sale nVe, an award-winning, recently completed 7-story, 82-unit apartment community located in Southern California's trendy North Hollywood Arts District. Situated one block from the second largest transportation center (Metro Rail Red Line & Orange Line) in Los Angeles, the Property provides direct access to numerous nearby employment centers including Hollywood, Downtown Los Angeles, and Universal City. Recognized as one of the most walkable and hippest urban neighborhoods in Los Angeles, the area will be further enhanced by a soon-to-open Whole Foods Market 365. nVe is surrounded by the largest concentration of high-paying media and entertainment companies in the world, including ABC, CBS, NBC, Disney, and Warner Brothers. As a result, North Hollywood is emerging as one of Southern California's best performing and highest growth urban submarkets. A current occupancy of 96.1% and rent growth of 5.2% as of Q2 2018 reflect the strength of the market. nVe offers an investor an award-winning, recently built podium development in one of Southern California's fastest growing urban submarkets. Positioned to outperform the market in terms of rent growth, the Property will generate strong cash-on-cash returns, and can be acquired at significantly below today's replacement cost. nVe 5 2018 LOS ANGELES BUSINESS JOURNAL AWARD WINNING MULTIFAMILY PROJECT Year Built: 2017 Units: 82 (75 market + 7 affordable) Average Unit Size: 827 SF Parking: 98 spaces Investment Highlights ■ Class “A” luxury boutique community with contemporary lifestyle amenities ■ Located in one of the most walkable neighborhoods in Los Angeles, with over 1.7 million SF of retail ■ Situated in an irreplaceable transit-oriented location just one block from the North Hollywood Metro Red and Orange Line stations and convenient access to the Hollywood and Ventura freeways ■ Surrounded by major employment centers including 47,000 jobs in North Hollywood, and mass-transit connectivity to over 1 million jobs ■ Located in one of the highest growth urban submarkets in the San Fernando Valley Apartment Home Mix SQUARE AFFORDABLE % OF UNIT TYPE FEET UNITS TOTAL UNITS UNIT MIX Studio 536 2 20 24 1 Bed 775 3 32 39 2 Bed 1,078 2 30 37 TOTAL/AVG. 827 7 82 100 nVe 7 CONTEMPORARY BOUTIQUE LIVING Through insightful planning and an understanding of contemporary renters and their lifestyles, nVe has differentiated itself as a boutique community offering luxurious living spaces and an array of modern amenities that are unmatched in the market for a property of its size. Interiors provide spacious, open concept living with abundant The Property features a fully equipped fitness center natural light and designer finishes. and yoga room. The rooftop offers a theater screen with HD projector and A rooftop barbecue lounge offers residents collaborative space sound system and panoramic city views. to socialize and entertain. DEMONSTRATED ABILITY TO DRAW AFFLUENT RENTERS-BY-CHOICE nVe’s unique resident experience has resonated with an affluent renter-by-choice demographic. The Property’s residents are employed by many of the nation’s leading entertainment, media, financial services, and healthcare companies. Compelling Demographics = Rent Growth $139,500 35.8 $ Average Income Average Age Prestigious Employers of Residents: nVe 9 RESTAURANTS & BARS Brickyard El Tejano RETAIL AT NOHO COMMONS Republic of Pie 24 Hour Fitness EAT Wells Fargo Rodini Park Coffee Bean The Fat Dog Gastropub Mod Pizza Cafe Noho Daphne’s Greek Tamashii Ramen House Panda Express Big Wangs TMobile RESTAURANTS & BARS Ono Hawaiian BBQ Federal Bar The District Pub Joe Coffee METRO RED LINE Vicious Dogs Transit Station Pitfi re Pizza 170 CREAM LANKERSHIM BLVD Starbucks City Kitchen Cafe NORTH HOLLYWOOD PARK CHANDLER BLVD METRO ORANGE LINE Transit Station TUJUNGA AVE RESTAURANTS & BARS IN THE HEART OF Brickyard THE NOHO ARTS DISTRICT El Tejano RETAIL AT NOHO COMMONS Republic of Pie 24 Hour Fitness EAT Walkable, Urban Core Wells Fargo nVe is located in the trendy North Hollywood Arts Rodini Park Coffee Bean The Fat Dog Gastropub District, one of the most walkable neighborhoods in all Mod Pizza of Los Angeles. This hip, urban core allows residents to Cafe Noho Daphne’s Greek Tamashii Ramen House live, work and play in one locale. Filled with live theaters, Panda Express professional dance studios, art galleries, recording Big Wangs studios, boutiques and a myriad of dining options, the TMobile RESTAURANTS & BARS NoHo Arts District is considered one of the most popular Ono Hawaiian BBQ Federal Bar cultural destinations in Los Angeles. The District Pub Joe Coffee Blocks from Future Whole Foods Market 365 METRO RED LINE Vicious Dogs A half-mile from nVe, a 24,000 square-foot Whole Transit Station Pitfi re Pizza 170 Foods Market 365 will open in late 2019. CREAM LANKERSHIM BLVD Starbucks Across the Street from North Hollywood Park City Kitchen Cafe Directly across the street from nVe, the North Hollywood Park and Recreation Center is an expansive, 55-acre municipal park offering running trails, picnic areas, and an outdoor pool. NORTH HOLLYWOOD PARK CHANDLER BLVD METRO ORANGE LINE Transit Station TUJUNGA AVE nVe 11 HOLLYWOOD SURROUNDED BY MAJOR EMPLOYMENT CENTERS UNIVERSAL GLENDALE CITY Walkable to Work There is over 750,000 square feet of Class “A” office space within blocks of nVe that houses major employers like Kaiser BURBANK Permanente, The National Academy of Television Arts (Emmy S Awards), Starcom, and The Art Institute, as well as a large number E L of notable media and entertainment firms. I M NORTH HOLLYWOOD 6 Entertainment Industry Drives Renter Demand STUDIO CITY/ 7 S M E nVe is central to the largest concentration of high-paying media L SHERMAN OAKS I I L M and entertainment employers in the world. LA’s dominant E S entertainment industry hubs like Burbank, Studio City, Universal 3 City, and Hollywood, are all within six miles of the Property. These nearby employment centers are home to major movie studios 4 (Disney, Warner Bros., Paramount), the “Big Three” television M IL networks (ABC, CBS, and NBC), as well as a large number of ES broadcasting firms, animation studios, production companies, S E recording studios, record labels, and talent agencies.
Load more

Recommended publications
  • Los Angeles Orange Line
    Metro Orange Line BRT Project Evaluation OCTOBER 2011 FTA Report No. 0004 Federal Transit Administration PREPARED BY Jennifer Flynn, Research Associate Cheryl Thole, Research Associate Victoria Perk, Senior Research Associate Joseph Samus, Graduate Research Assistant Caleb Van Nostrand, Graduate Research Assistant National Bus Rapid Transit Institute Center for Urban Transportation Research University of South Florida CCOOVVEERR PPHHOTOOTO LLooss AAnnggeelleess CCoouunnttyy MMeettrrooppololiittanan TTransransppoorrttaattioionn AAuutthhoorriittyy DDIISCSCLLAAIIMMEERR TThhiis ds dooccuumemennt it is is inntteennddeed ad as a ts teecchhnniiccaal al assssiissttaanncce pe prroodduucctt. I. It it is dsiiss ssdeemmiinnaatteed udnn ddueer tr thhe sepp oosnnssoorrsshhiip opf tf tohhe Ue..SS U.. DDeeppaarrttmemennt ot of Tf Trraannssppoorrttaattiioon in in tn thhe ie inntteerreesst ot of if innffoorrmamattiioon enxxcc ehhaannggee. T. Thhe Uenn iittUeed Sdttaa Sttees Gsoo vvGeerrnnmemennt atss ssauumemes nso nlo liiaabbiilliittyy ffoor ir itts cs coonntteenntts os or ur usse te thheerreeooff. T. Thhe Ue Unniitteed Sd Sttaattees Gs Goovveerrnnmemennt dtoo eeds nsoo tn et ennddoorrsse perroo pdduucctts osf mfo aa nnmuuffaaccttuurreerrss. T. Trraadde oerr o mamannuuffaaccttuurreerrss’ n’ naamemes as appppeeaar her herreeiin sn soolleelly by beeccaauusse te thheey ayrre a ceoo nncssiiddeerreed edssss eeennttiiaal tl to tohh et oebb jjeeoccttiivve oef tf tohhiis rs reeppoorrtt.. Metro Orange Line BRT Project Evaluation OCTOBER 2011 FTA Report No. 0004 PREPARED BY Jennifer Flynn, Research Associate Cheryl Thole, Research Associate Victoria Perk, Senior Research Associate Joseph Samus, Graduate Research Assistant Caleb Van Nostrand, Graduate Research Assistant National Bus Rapid Transit Institute Center for Urban Transportation Research University of South Florida 4202 E. Fowler Avenue, CUT100 Tampa, FL 33620 SPONSORED BY Federal Transit Administration Office of Research, Demonstration and Innovation U.S.
    [Show full text]
  • January 2015
    metro.net Metro Orange Line Connections h s a W h s a a Hansen Dam n DEVONSHIRE ST DEVONSHIRE ST DEVONSHIRE ST 5 a W s u r S Chatsworth Station u a lb t i ARLETA AVG Metro Rapid Stop n 405 W W O a Chatsworth Station L S O D METROLINK GLENOAKS BL O E LAUREL CYN BL D Metro Rapid Line TOPANGA CYN BL CYN TOPANGA TOPANGA CYN BL CYN TOPANGA N M LASSEN ST LASSEN ST LASSEN ST A N S Metro Orange Line T SAN FERNANDO RD CHATSWORTH A A T Station VA V E TAMPA AV TAMPA Sepulveda Metro Orange Line CORBIN AV ZELZAH AV F WILBUR AV RESEDA BL RESEDA PLUMMER ST PLUMMER ST PLUMMER BL BALBOA ST PLUMMER ST ARLETA W DE SOTO AV DE SOTO WOODLEY AV WOODLEY Y WINNETKA AV SEPULVEDA BL SEPULVEDA Metro Rail Station VINCENNES ST TERRA BELLA ST Northridge East CanyonARLETA Channel AV SUN AMTRAK/METROLINK 27 Fashion CSUN NORTH HILLS VALLEY Metro Red Line Center NORTHRIDGE NORDHOFF ST AV DARBY NORDHOFF ST NORDHOFF ST OSBORNE ST Transfers SAN DIEGO FWY Nordhoff Station Metrolink h SHELDON ST NORDHOFF ST Northridge Station s a PANORAMA W Amtrak 5 Bull Creek BRANFORD ST PARTHENIA ST PARTHENIA ST PARTHENIA ST CITY Parking a 15-0989 ©2014 LACMTA m H WEST HILLS i o CHASE ST O DEC 2014 Subject to Change c L a L P ROSCOE BL Roscoe Station ROSCOE BL ROSCOE BL Y W TUXFORD ST O O Sun Valley Station METROLINK D Aliso Canyon Wash Aliso Canyon SAN FERNANDO RD STRATHERN ST STRATHERN ST F STRATHERN ST W Y DE SOTO AV DE SOTO Van Nuys Station Tujunga Wash FlyAway WHITSETT AV Bus Terminal NUYS BL VAN WHITE OAK AV WHITE OAK TAMPA AV TAMPA VARIEL AV VARIEL WOODLAKE AV WOODLAKE WOODLAKE AV
    [Show full text]
  • Metro Orange Line Weekday Peak Hours Only Metro Orange Line
    Monday through Friday Schedule Chatsworth - Warner Center Shuttle Effective Jun 29 2014 Metro Orange Line Weekday Peak Hours Only Metro Orange Line Eastbound (Approximate Times) Westbound (Approximate Times) Eastbound (Approximate Times) Westbound (Approximate Times) CHATSWORTH CANOGA PARK WARNER CENTER WARNER CENTER CANOGA PARK CHATSWORTH Chatsworth Station Canoga Station Warner Center Station Warner Center Station Canoga Station Chatsworth Station 5:35A 5:48A 5:53A 6:00A 6:05A 6:18A CHATSWORTH WARNER CENTER PARK CANOGA WINNETKA NUYS VAN NORTH HOLLYWOOD NORTH HOLLYWOOD GLEN VALLEY NUYS VAN TARZANA PARK CANOGA WARNER CENTER CHATSWORTH 6:05 6:18 6:23 6:30 6:35 6:48 6:29 6:42 6:47 6:48 6:53 7:06 6:54 7:07 7:12 7:13 7:18 7:31 7:12 7:25 7:30 7:31 7:36 7:49 7:44 7:57 8:02 8:03 8:08 8:21 7:56 8:09 8:14 8:16 8:21 8:34 A B 8:39 8:52 8:57 9:02 9:07 9:20 8:55 9:08 9:13 9:15 9:20 9:33 SHUTTLE TRIPS DO NOT OPERATE MIDDAY SHUTTLE TRIPS DO NOT OPERATE MIDDAY Chatsworth Station Warner Center Station Canoga Station College Pierce Station Balboa Station Nuys Van Station North Hollywood Station North Hollywood Station College Valley Station Sepulveda Station Reseda Station Canoga Station Warner Center Station Chatsworth Station 2:00P 2:14P 2:19P 2:25P 2:30P 2:43P ADDITIONAL PEAK HOUR TRIPS SHOWN IN CHATSWORTH TO WARNER CENTER ADDITIONAL PEAK HOUR TRIPS SHOWN IN CHATSWORTH TO WARNER CENTER 2:52 3:06 3:11 3:14 3:19 3:32 3:19 3:33 3:38 3:54 3:59 4:12 SHUTTLE SECTION OF THIS TIMETABLE SHUTTLE SECTION OF THIS TIMETABLE 3:42 3:56 4:01 4:06 4:11 4:24 — 3:41A 3:46A
    [Show full text]
  • 6400 VARIEL AVENUE Westfield Village
    FOR SALE/FOR LEASE | RARE WARNER CENTER INDUSTRIAL/FLEX PROPERTY IDEAL SINGLE OR MULTI-TENANT OWNER-USER, DEVELOPMENT, AND/OR INVESTMENT OFFERING MEMORANDUM VARIEL 6400 AVENUE Woodland Hills, CA 91367 SOUTHWEST FACING 6041 VARIEL AVENUE 263-Unit Mixed-Use 6036 VARIEL AVENUE Multifamily Development Proposed Mixed-Use Multifamily Development 6233 VARIEL AVENUE South Bay Partners Senior Housing Project Under Construction 6109 DE SOTO AVENUE Entitled 358-Unit Mixed-Use Multifamily Development Q EAST 241-Unit Mixed-Use Multifamily Development 6330 VARIEL AVENUE Proposed 395-Unit Mixed-Use VARIEL AVE Multifamily Development DEVELOPMENT PROJECTS ON VARIEL AVENUE NEW TENANTS ON VARIEL AVENUE WESTFIELD PROMENADE REDEVELOPMENT TABLE OF CONTENTS SECTION 1 Executive Summary ............................................. 11 Property Overview ............................................... 13 Sale Opportunity ...................................................14 PROMENADE Lease Opportunity .................................................15 Ideal Building for COVID-19 Environment.................16 Parcel Map ................................................................18 SECTION 2 Warner Center 2035 Plan ........................................ 21 Warner Center Districts ........................................... 22 SECTION 3 Warner Center Area Overview ...............................25 Warner Center Industrial/Flex Overview ................. 26 Local Tenants & Businesses ..................................28 Westfield Promenade ............................................
    [Show full text]
  • Artists Transform Metro Orange Line Into Work of Art
    September 29, 2005 Dave Sotero/Marc Littman Metro Media Relations 213.922.3007/213.922.2700 metro.net/press/pressroom [email protected] FOR IMMEDIATE RELEASE ARTISTS TRANSFORM METRO ORANGE LINE INTO WORK OF ART Opening October 29th, 2005 the Metro Orange Line will showcase artwork of 15 California artists The work of fifteen California artists is being incorporated into the new Metro Orange Line to enhance the journeys of future riders. One of the unique aspects of the Orange Line is that the artists’ brought a sense of both continuity and individuality to the stations. Artworks include terrazzo paving at platforms, colorful porcelain steel art panels at each station entry, sculpted seating, and various artist influenced landscaping elements. Thirteen of the fourteen stations will have incorporated artworks (Warner Center Station, which is on City of LA property, was not part of the art program). The artworks were commissioned by Metro Art, the public art program of the Los Angeles County Metropolitan Transportation Authority (Metro). “This work is a tribute to the Valley,” said Renée Petropoulos, who served as the lead artist on the project, “I envisioned artworks strewn across the Valley as jewels on a 14 mile necklace.” “The artists commissioned for the Metro Orange Line have created a unique sense of place for future transitway patrons and have made what we believe is a great contribution to our customers’ experience,” said Maya Emsden, who oversees the Metro Art program and is Metro’s Deputy Executive Officer of Creative Services. Renée Petropoulos Renée Petropoulos, grew up in the Valley and now lives and works in Venice, CA.
    [Show full text]
  • Metro Orange Line BRT Project Evaluation
    Metro Orange Line BRT Project Evaluation OCTOBER 2011 FTA Report No. 0004 Federal Transit Administration PREPARED BY Jennifer Flynn, Research Associate Cheryl Thole, Research Associate Victoria Perk, Senior Research Associate Joseph Samus, Graduate Research Assistant Caleb Van Nostrand, Graduate Research Assistant National Bus Rapid Transit Institute Center for Urban Transportation Research University of South Florida COVER PHOTO Los Angeles County Metropolitan Transportation Authority DISCLAIMER This document is intended as a technical assistance product. It is disseminated under the sponsorship of the U.S. Department of Transportation in the interest of information exchange. The United States Government assumes no liability for its contents or use thereof. The United States Government does not endorse products of manufacturers. Trade or manufacturers’ names appear herein solely because they are considered essential to the objective of this report. Metro Orange Line BRT Project Evaluation OCTOBER 2011 FTA Report No. 0004 PREPARED BY Jennifer Flynn, Research Associate Cheryl Thole, Research Associate Victoria Perk, Senior Research Associate Joseph Samus, Graduate Research Assistant Caleb Van Nostrand, Graduate Research Assistant National Bus Rapid Transit Institute Center for Urban Transportation Research University of South Florida 4202 E. Fowler Avenue, CUT100 Tampa, FL 33620 SPONSORED BY Federal Transit Administration Office of Research, Demonstration and Innovation U.S. Department of Transportation 1200 New Jersey Avenue, SE Washington,
    [Show full text]
  • North-South San Fernando Valley Corridor Study
    Purpose and Need 1.0 PURPOSE AND NEED 1.1 Introduction The San Fernando Valley North-South Transit Corridor Study is being undertaken by the Los Angeles County Metropolitan Transportation Authority (MTA) to assess the need for improvements in north-south transit service in the San Fernando Valley and to evaluate a wide range of alternative improvements. The study area covers the area illustrated in Figure 1-1, generally extending from Ventura Boulevard on the south to the City of San Fernando and Sylmar community on the north, and from Glenoaks Boulevard-Vineland Avenue on the east to Topanga Canyon Boulevard on the west. It includes only the portions of the San Fernando Valley within the Cities of Los Angeles and San Fernando. This study will follow the procedures for a Regionally Significant Transportation Investment Study (RSTIS), formerly known as a Major Investment Study (MIS), so that recommended improvements may be eligible for potential federal funds as well as state and local funds. The RSTIS process begins with the identification and detailed assessment of the need for a transportation improvement. It then evaluates a range of improvement alternatives that would satisfy mobility needs, complemented by a significant level of community participation in the evaluation process, and results in a recommendation for a locally preferred alternative (LPA). The RSTIS will evaluate future conditions in the year 2025 if nothing is implemented beyond planned improvements (the No Project Alternative). It will also evaluate lower-cost transportation systems management (TSM) improvements as well as physical improvements and transit service enhancements on one or more north-south corridors.
    [Show full text]
  • Orange Line Bus Rapid Transit Sustainable Corridor Implementation Plan June 29, 2012
    FINAL PLAN ORANGE LINE BUS RAPID TRANSIT SUSTAINABLE CORRIDOR IMPLEMENTATION PLAN JUNE 29, 2012 ORANGE LINE BUS RAPID TRANSIT SUSTAINABLE CORRIDOR IMPLEMENTATION PLAN Final Plan June 29, 2012 This is a project for the Los Angeles County Metropolitan Transportation Authority (Metro) with funding provided by the Southern California Association of Governments’ (SCAG) Compass Blueprint Program. Compass Blueprint assists Southern California cities and other organizations in evaluating planning options and stimulating development consistent with the region’s goals. Compass Blueprint tools support visioning efforts, infill analyses, economic and policy analyses, and marketing and communication programs. This report was prepared in fulfillment of Agreement No. 10-777: Sustainable Development Pilot Projects in the SCAG Region by SCAG under the partial sponsorship of the California Air Resources Board (ARB). Work was completed as of October 7, 2011. The contents of this report reflect the views of the author who is responsible for the facts and accuracy of the data presented herein. The contents do not necessarily reflect the official views or policies of SCAG, ARB or the State of California. This report does not constitute a standard, specification or regulation. SCAG shall not be responsible for the City’s future use or adaptation of the report. The preparation of this report was also financed in part through grants from the United States Department of Transportation (DOT) and additional financial assistance was provided by the California State
    [Show full text]
  • Climate Action and Adaptation Plan June 2012 Blank Page
    Climate Action and Adaptation Plan june 2012 blank page Table of Contents List of Abbreviations .................................................................................................................iii Executive Summary...................................................................................................................iv 1. Introduction to the Plan........................................................................................................1 1.1. Plan Objectives............................................................................................................. 1 1.2. How to Use this Plan .................................................................................................... 2 1.3. The Climate Action and Adaptation Plan in Context..................................................... 3 1.4. Organization of the Plan ............................................................................................... 6 2. Reducing Greenhouse Gas Emissions...............................................................................7 2.1. Greenhouse Gas Inventory and Forecast..................................................................... 7 2.2. Metro’s Impact on Regional Emissions....................................................................... 11 2.3. Reducing Emissions from Metro’s Operations............................................................ 13 3. Adapting to the Effects of Climate Change ......................................................................37 3.1.
    [Show full text]
  • • Institutional Quality Property • Immediate Rental Upside • Over $1
    61 UNIT EXCLUSIVE MULTIFAMILY OFFERING 8700 De Soto Avenue | Canoga Park, CA • Institutional Quality Property • Immediate Rental Upside MELINDA RUSSELL • Over $1M Spent on Improvements Including New Roof First Vice President Lic. 860306 • Superior Amenities: Tennis Court, Pool, Spa, Fitness • Close to Warner Center Employment & Shopping T 818 907 4704 F 818 243 6069 • Irreplaceable High Visibility Corner Parcel [email protected] 111 Universal Hollywood Dr. 27th Floor For Real-Time Property Information Visit: Universal City, CA 91608 www.parkplace-apt.com ALL PROPERTY TOURS ARE BY APPOINTMENT ONLY. PLEASE CONTACT LISTING BROKER FOR DETAILS. ta BLE OF CONTENTS INVESTMENT OVERVIEW SECTION ONE Investment Highlights Why Buy Property Summary & Capital Improvements Property Description & Amenities Floor Plans Propety Photos LOCATION OVERVIEW SECTION TWO Location Map Aerial Plat Map Location Description FINANCIAL ANALYSIS SECTION THREE Rent Roll Financial Pro Forma Notes to Income & Expenses Financing Structure MARKET OVERVIEW SECTION FOUR Comparable Sale Properties Comparable Rental Properties – Canoga Park Comparable Rental Properties – Warner Center A Properties APPENDIX SECTION FIVE Economic and Demographic Profile – WARNER CENTER Demographics Articles of Interest CONFIDENTIALITY AGREEMENT PARK Place Apartments 8700 De Soto Avenue | Canoga Park, CA This is a confidential Memorandum intended solely for your limited use and benefit in determining whether you desire to express further interest in the acquisition of the (“Property”). This Memorandum contains selected information pertaining to the Property and does not purport to be a representation of the state of affairs of the Owner or the Property, to be all-inclusive or to contain all or part of the information which prospective investors may require to evaluate a purchase of real property.
    [Show full text]
  • News in Brief
    Local Couple Economic Give Help Alliance to Graduating Presents High School Forum on Seniors “Cannabiz” Temps Are Heating Up... How to Avoid Heatstroke See page 3 See Page 11 See Page 5 VolumeValley 34, Issue 16 A Compendious Vantage Source of Information June 14, 2018 News in Brief Warner Center Gears Up for Fireworks The Valley Cultural Center will present Councilman Bob Blumenfield’s Fireworks Extravaganza on July 4, presented by Keyes Motors. There will be a free concert and 15-minute fireworks display. The Star Spangled Banner will be sung by the Valley’s own Star Tomlinson. Over 20 restaurants will be on hand along with arts and craft vendors and local businesses. The show will be held at Warner Park at Topanga Fortunate Son Takes “Centerfield” Sunday and Califa Street from 6:30 to 9:30 pm. For more information Fortunate Son, the premier Clearwater tribute band. This Irish rock, who will open at 5:30 visit www.valleycultural.org. act celebrating the music of John show was recently singled out pm. Fogerty and Credence Clearwater by AXS-TV’s hit show “World’s Warner Park is lcoated at Woodland Hills Post Office Gets Revival, will take the stage in Greatest Tribute Bands.” Topanga Canyon Blvd. and Drive Thru-Drop Off...Finally! Warner Park this Sunday at 6 pm. Opening for Fortunate Son is Califa Street in Woodland Hills. Since 1994, Brad Ford the “Emerging Artist” group Xs For more information on Valley It’s certified! has starred as John Fogerty, & Arrows, a trio of native Los Cultural Center’s summer concert The Woodland Hills pioneering the ultimate Creedence Angelenos bound by a love of season visitvalleycultural.org.
    [Show full text]
  • Orange Line Bus Rapid Transit Sustainable Corridor Implementation Plan June 29, 2012
    FINAL PLAN ORANGE LINE BUS RAPID TRANSIT SUSTAINABLE CORRIDOR IMPLEMENTATION PLAN JUNE 29, 2012 ORANGE LINE BUS RAPID TRANSIT SUSTAINABLE CORRIDOR IMPLEMENTATION PLAN Final Plan June 29, 2012 This is a project for the Los Angeles County Metropolitan Transportation Authority (Metro) with funding provided by the Southern California Association of Governments’ (SCAG) Compass Blueprint Program. Compass Blueprint assists Southern California cities and other organizations in evaluating planning options and stimulating development consistent with the region’s goals. Compass Blueprint tools support visioning efforts, infill analyses, economic and policy analyses, and marketing and communication programs. This report was prepared in fulfillment of Agreement No. 10-777: Sustainable Development Pilot Projects in the SCAG Region by SCAG under the partial sponsorship of the California Air Resources Board (ARB). Work was completed as of October 7, 2011. The contents of this report reflect the views of the author who is responsible for the facts and accuracy of the data presented herein. The contents do not necessarily reflect the official views or policies of SCAG, ARB or the State of California. This report does not constitute a standard, specification or regulation. SCAG shall not be responsible for the City’s future use or adaptation of the report. The preparation of this report was also financed in part through grants from the United States Department of Transportation (DOT) and additional financial assistance was provided by the California State
    [Show full text]