Los Angeles-based Champion Real Company has announced its acquisition of the historic Ancelle Apartments located in Koreatown, Los Angeles. The 87-unit Ancelle Apartments is ideally situated in Wilshire Corridor, which is only a seven minute walk to the Wilshire/Western Metro Station. The historic building is comprised mostly of studios offering efficient layouts that allow for [...]
NOVEMBER 2015 (LOS ANGELES, CA) Los Angeles-based Champion Real Estate Company (“Champion”) announces the purchase of their latest acquisition, Ancelle Apartments in Koreatown. Champion Real Estate specializes in prime real estate investments with enhanced returns. Their strategic investment strategies range across the risk spectrum from High Yield Core to Land Entitlement and Development. Ancelle Apartments [...]
An individual developer from East Nashville sold the 74-unit Amplify on Main in Nashville, TN, to Champion Real Estate Development Co. for $14.1 million, or about $190,000 per unit. The 82,020-square-foot apartment complex consists of five buildings with a mix of one- and two-bedroom units. It delivered in 2014 in the Maxwell submarket. And the [...]
The 74-unit Amplify on Main apartments in East Nashville has a new owner. A Los Angeles-based investor has paid $14.1 million for the Amplify on Main apartments in East Nashville. Champion Amplify LLC bought the 74-unit complex from East Side Development Partners LLC, whose president, Adam Leibowitz, is an active developer in East Nashville. Champion [...]
A 164-unit Oxnard apartment complex has changed hands for $338,628 per unit, the highest price paid in Ventura County in at least a decade for a property with at least 100 apartments, according to real estate data provider CoStar Group Inc. Champion Real Estate Development Co. in Los Angeles purchased The Vines at RiverPark from [...]
Champion Real Estate Company’s veteran developer and CEO, Bob Champion, was panelist for Bisnow’s Future of Hollywood. View article
The proposed Hollywood Cherokee apartments would rise from an approximately one-acre parking lot located just north of Hollywood Boulevard. Plans from Los Angeles-based Champion Real Estate call for a six-story building featuring 224 studio, one- and two-bedroom apartments above nearly 1,000 square feet of ground-floor restaurant space. The project would include a wide array of [...]
LOS ANGELES—The 10-year price-per-unit record in Ventura County is broken. Champion Real Estate has purchased the Vines, a 164-unit apartment complex in Oxnard, from a partnership between Corona Riverpark Promenade LLC and Corona Riverpark Luminaria. The property traded hands for $55.5 million or $338,628 per unit, the highest per-unit price paid for a 100-plus-unit multifamily [...]
LOS ANGELES – Champion Real Estate Co. recently said that its spending goal for 2013 is $100 million in development acquisitions, and the firm has promoted Greg Beck to partner at the firm to find mixed-use properties to add to the portfolio. View article
Real estate developer Bob Champion credits ice cream with launching his business career and landing his wife. A little ice cream has gone a long way for Bob Champion. The veteran developer began his career as a franchisee of Swensen Ice Cream shops, drawing on that experience to ultimately establish his own company: Champion [...]