Roman Group

Mid Year Economic Notes - Sagiv Rosano

Mid Year Economic Notes – Roman Group Single family starts are down 6.9% in the year and 16.1 % this quarter. Home prices are declining but sliding. California’s population decline by 1% helps with that home decline.But less people means less tax revenue and that is not great.

We're working on our largest acquisition to date, a 138-unit multifamily development project in North Hollywood. The project is fully permitted and will be shovel-ready by Q4 of 2023. We're partnering with two General Partners who we've worked with in the past, and we're confident that they'll bring tremendous value to the project!

Craner Ave's 8-unit development has been measured, marked and is now ready for framing.




_______________________
6028 Craner Ave Los Angeles

The underground plumbing work was started on the development apartment complex on Craner. This process is important because it establishes the groundwork for all the plumbing that the development will need, as this starts from the ground up.

🚰





_______________________
6028 Craner Ave Los Angeles