Saturday, March 23, 2013

'Smallish' Apartment Complex to Receive Modern Remodel

The LA Times reports that TRG, a Beverly Hills based investment firm, has recently purchased a three story apartment complex on the corner of 9th and Georgia.  It is anticipated that the firm will renovate the building's 32 studio units in the same manner as many larger apartment complexes throughout the city.  The shift, or rather, expansion in focus is a good sign for downtown; investment in smaller buildings can be taken as a sign of bullish confidence in the local economy.

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