Hired by Investment Development Services to advise them on the joint venture equity financing process and to assist in a collaborative manner in securing an investor to joint venture the acquisition and development of the 6.3 acre Metropolis site, located in Downtown Los Angeles.
The site, situated immediately south of the Financial District and directly north of Staples Center and the Entertainment District, is entitled for 2.7 million square feet of condominiums, hotel and office space divided into four phases.
IDS received numerous joint venture proposals and negotiated a joint venture with CIGNA and CalSTRs.