Roman Group

12/06/2023

Building out the 3rd floor of our development on Crane Ave in Los Angeles!

08/30/2023

Whitnall Loan Closing Announcement! 👏🏻👏🏻👏🏻 Go Team!!

05/17/2023

Roman Group attends the LA Economic Forum in the City Club in Downtown Los Angeles

04/27/2023

Mid Year Economic Notes - Sagiv Rosano

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.

04/24/2023

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!

04/10/2023

https://www.bisnow.com/national/news/multifamily/tom-steyer-galvanize-multifamily-sustainability-decarbonizing-118398

Galvanize will target properties in the Western U.S.

04/05/2023

According to the Los Angeles County Economic Development Forecast, the economic outlook for 2023 is somewhat positive, with real GDP growth, personal income growth, and employment growth expected to rise. Although there's been a slight decline in population in LA County, the demand for apartment units is increasing due to the housing crisis. Only 13% of households can afford a median priced single-family home, which benefits our focus on multifamily and coliving investments.

Berkadia's research study projects job growth and an influx of new apartments, generating robust demand in 2023 for both Los Angeles and Orange County. In LA, effective rent is expected to increase by 4% to $2,901, while occupancy rates remain above 96%.

Source: https://base.berkadia.com/wp-content/uploads/2023/01/Berkadia-2023-Forecast-National-Apartment-Research-Report.pdf?utm_medium=email&_hsmi=250413069&_hsenc=p2ANqtz-_mT38RP_TMo9ClH9JA1P2NZCd1IkwhxSgsCntHpY_1ly4gwu6_r-APTtp6gw3-sBe9ZOdREZ7vPQddoOQ5Ugi3YRbJdeHCG_jifNUtxYgSS3U-krI&utm_content=250413069&utm_source=hs_email

04/03/2023

https://commercialobserver.com/2023/03/union-bank-plaza-in-downtown-la-sells-at-a-big-loss/

Facing the larger troubles engulfing the office market, KBS sold the Union Bank Plaza tower for a big discount to the Waterbridge Capital

03/22/2023

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




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6028 Craner Ave Los Angeles

03/20/2023

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.

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6028 Craner Ave Los Angeles

03/13/2023

Another successful closing!! Thanks to Eduardo and Jared for closing on this construction loan for the new development on Craner Ave in Hollywood

03/01/2023

DEMOLITION 🚜 Our location on Craner Ave has undergone demolition by Rosano Construction Services in order to develop new apartments on the location.