IRVINE, CA-Locally based Sycamore Urban Strategies has revived a stalled condominium project in the West Hollywood area that underscores both the challenges and the opportunities that today’s market presents to multifamily investors and developers. Mitchell Bradford, president of Sycamore Urban, tells that the company has sold or reserved a third of the 18 units at the project, at 817 Alfred St., and will have the condos ready for move-in by mid-December after acquiring the note on the property in December 2009 when the ground-up project was only 65% completed.

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