(Read more on the multifamily market.)

IRVINE, CA-Western National Property Management has enlargedupon its 27,000-unit portfolio with a contract for leasing andmanagement of a new luxury complex being developed in Downtown L.A.by G.H. Palmer Associates, one of the premier builders ofapartments in the Downtown area. The new Western Nationalassignment is the 571-unit Orsini complex at 505 North FigueroaSt., one of 18 G.H. Palmer multifamily properties now undermanagement by Western National.

G.H. Palmer has completed units in the first phase of theproject and expects the second phase of the Orsini to be ready formove-ins this summer, according to Craig Rooney, regional vicepresident of business development for Western National PropertyManagement. The 571 apartments will feature 25 different floorplans including studios, one-bedroom and two-bedroom units.

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