Thank you for sharing!

Your article was successfully shared with the contacts you provided.

This year, several thousand new apartment units will deliver into the Downtown Los Angeles market—but the strong demand is expected to offset the new supply. CIRCA, a $500 million 648-unit apartment complex hailed as “ultra-luxury,” will deliver in September, but developer Hankey Investment Co. isn’t concerned about the supply, both because of the strong demand and the quality of the product. Hankey opened the leasing office this month for CIRCA and has already received strong demand. We sat down with Scott Dobbins, president of Hankey Investment Co., to talk about the project and the luxury demand in Downtown Los Angeles.

Kelsi Maree Borland

Kelsi Borland is a freelance writer and editor living whose work has appeared in such publications as Travel + Leisure, Angeleno and Riviera Orange County.

More from this author


Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.