3100 S Western Ave.
Challenge: Evanisko managed Seller timing expectations to Broker the site for top value as the site (slated for affordable housing) required several funding sources.
Value Add: Evanisko guided the Seller and their counsel for years on land use and valuation considerations surrounding the question of whether to cooperate with the terms required by an affordable housing developer requiring a litany of funding sources and tax credits. Evanisko’s experience selling to affordable housing developers gave the Sellers a certain assurance that enabled them to “trust the process”.
Evanisko Represented: Seller Exclusively
$3,000,000
35,375 SF
IN SOUTH LOS ANGELES
PRODUCT:
60 AFFORDABLE APARTMENT UNITS
