GLENDALE, CA—Caruso Affiliated has begun amultimillion-dollar renovation of its the Residences at theAmericana at Brand mixed-use andmultifamily complex in Glendale. The renovationwill transform 16 top-floor apartments into one- and two-bedroompenthouse suites with more than 40 upgrades.

“There is a strong demand for luxury living in Glendale,”Stewart Moore, Caruso Affiliated VP of residentialoperations, tells GlobeSt.com. “It has always been CarusoAffiliated's primary focus to provide the highest standard ofliving at the Residences, and as we approach our seventh year, it'stime to revitalize our wonderful property to ensure that ourresidents' expectations are not only met, but consistentlyexceeded.” To fulfill those high standards, Caruso has tappedtop-interior designer Waldo Fernandez to design atwo-bedroom model penthouse, and place his seal of approval of eachof the 16 units.

The newly designed units will push the limits of luxury withViking and Bosch appliances,separate wine refrigerators, hardwood floors, custom paint andcrown molding. Residents of “the Penthouses” will also be privy toextended onsite amenities and services, like exclusive parking, VIPelevators, monthly car washes and a personal concierge. Theseamenities will help attract the growing luxury pool in Glendale.“We've had a strong demand for luxury living and a five-star,resort-style experience in Glendale for some time now. Glendale is home to major corporations such asDisney, Legal Zoom,Nestle, DreamWorks and many oftheir executives live at the Residences,” says Moore. Rental rateswill range from $3,100 for a one-bedroom penthouse to $7,000 forthe highest-end two-bedroom penthouse.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.