The Marketplace East Hollywood
5601-5667 Santa Monica Blvd., Los Angeles
Story: Rehabilitation of a 1920s department store and surrounding 5 acres into 200,000 SF of destination neighborhood retail with 375 units of apartments & condos
Purchase Price:$ 46,000,000
Total Cost: $ 250,000,000
Exit Value: $ 350,000,000
Value Created: $100,000,000
Equity Mlutiple : 2.0x