Raymond Renaissance
Eleven
January 1, 2012
The Dylan Apartments
June 1, 2011

Description

  • 59,000 sf with 31 unsold condo units / 16,000 sf retail
  • Built in 2009

Investment Rationale

  • Recapitalization of existing equity at significant discount below replacement cost
  • Targets Millennials seeking value, walkability to Old Pasadena amenities and metro transit