MARCH 27, 2017 (Los Angeles, CA) – Champion Real Estate Company (“Champion”) announced its latest value-add retail acquisition for $9.5m, with plans to revitalize and rebrand the existing collection of dilapidated retail buildings into a retail and residential mixed-use development named “BrickWorks”. The existing property includes 19,772 square feet of dated retail buildings on 36,049 [...]
Champion Real Estate Company Wins the 2017 Hollywood PAL Celebrity Bowling Tournament! Champion is proud to support The Hollywood PAL to compete among one of 12 teams in this lively bowling competition. Each team features its own celebrity coach while feasting on tasty delights from Hollywood's top restaurants. When: Sunday, May 7th Where: Lucky Strike [...]
By Andrew Khouri and Roger Vincent As the city debated slow-growth Measure S, developer Century West Partners refused to buy land that would need special exemptions to build, fearful the two-year moratorium on such projects would pass. This week, the Los Angeles initiative went down to a resounding defeat at the polls, losing by more [...]
FEBRUARY 15, 2017 (Los Angeles, CA) – Champion Real Estate Company (“Champion”) announced the acquisition of Union Bay Apartments, a 73-unit multifamily apartment community with 2,976 square feet of commercial space in South Lake Union. The property was purchased by an affiliate of Champion for $24m and is located in a prime submarket of the [...]
LOS ANGELES, CA - Champion Real Estate Company announced the acquisition of a 30-unit multifamily property in the heart of Koreatown. The property, named The Bard Apartments, was purchased by an affiliate of Champion, and is located at 756 S. Normandie Avenue. The property is currently almost fully occupied and subject to the City of [...]
NOVEMBER 22, 2016 (Los Angeles, CA) – Champion Real Estate Company (“Champion”) announced that it is developing a new housing community called Victory on 30th (www.victory30.com), that will target young professionals, as well as students and faculty from the University of Southern California (“USC”). The class “A” 2-bedroom homes are located on the corner of [...]
OCTOBER 21, 2016 | BY NATALIE DOLCE LOS ANGELES—Demand from both individual renters and investors for apartment homes and buildings has intensified. To meet this growing need, developers have expanded the volume of new construction. This, of course, leads to a quandary. On one hand, multifamily builders want to create the best product to lure [...]
When a boom weakens, one of the first signs is landlords offering concessions (think of them as canaries in the mine). So far there are a few concessions in the Nashville apartment market, says Champion Real Estate partner Parker Champion, an active investor in the property type here. View full article
The Westin Bonaventure, Los Angeles, CA | October 20th, 2016 at 9.25am Robert Champion will speak at RealShare APARTMENTS – Clearing the Hurdles: Development Update California Ballroom Demand from both individual renters and investors for apartment homes and buildings has intensified. To meet this growing need, developers have expanded the volume of new construction. This, [...]
In development news out of Hollywood, Airport Holdings LP paid $23.3 mil for a 49.6k sf parking lot property that is currently entitled for a mixed-use, residential/retail property. The property, located at 1717 N. Las Palmas, was sold by Hollywood Cherokee Apartments Venture LLC, an affiliate of Champion Real Estate Company. Read full article [...]
