 Inglewood Meadows, Before |
Inglewood Meadows, built in 1976, comprises four residential buildings and one building that holds the community room, the office and a manager's unit. Regent Plaza, built in 1980, is a six-story residential building with attached community room. All of the apartments in both buildings are one-bedroom units.
Safran & Associates acquired both of the complexes in March 2007, paying $17 million for Inglewood Meadows and $8 million for Regent Plaza. The company, which has specialized in developing affordable housing projects for more than 35 years, owns and manages more than 3,000 units of affordable rental housing in California.
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