Creative Media & Community Trust's recent conversion of a Mid-Wilshire office building into luxury apartments demonstrates a significant investment trend in high-barrier markets, enhancing urban living.
The transformation of 4750 Wilshire Boulevard into 68 apartments with high-end amenities highlights the growing demand for luxury living spaces, especially in appealing urban locations.
The new residential project, named 701 Hudson, offers a range of apartment sizes and impressive facilities such as a swimming pool and fitness center, attracting diverse tenants.
With competitive rent options ranging from $2,799 to $8,884, the landlord aims to entice residents with promotional offers like two months of free rent in today's market.
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