(To read more on the multifamily market, click here.)
TOLUCA LAKE, CA-BW Brody Affiliated Cos. of Sherman Oaks hasrazed a 32-unit apartment complex on Whipple Street and is wellunder way on a new $20-million, 66-unit luxury building that is dueto be ready for occupancy in June. Greg Brody, managing partner ofBW Brody, tells GlobeSt.com that the new complex will be a singlethree-story building over an above-grade garage.
When asked if his company considered building condos on thesite, Brody says the development and investment firm viewed theproperty as an apartment project from the very beginning. "Wehaven't built condos for a number of years," he says.
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