Venice, Los Angeles, California – Exit September 2017

Successful exit

>>>>Venice, Los Angeles, California – Exit September 2017
Venice, Los Angeles, California – Exit September 2017 Hagshama 2018-07-05T22:14:45+00:00

Project Description

Acquisition of three lots to construct single family homes in desirable areas.

728 Flower Ave.  Venice, CA 90291 | 705 Broadway Ave., Venice, CA 90291

Year launched

2014

Expected duration

24 Months

Actual duration

37 Months

Property investments are illiquid, and past performance is no indication of future success

About the neighborhood

Center map
Traffic
Bicycling
Transit

Venice is a beachside neighborhood in L.A., well known for its beautiful beaches, the promenade stretching across it, and many tourist attractions. The neighborhood boasts positive migration of high-tech companies and employees moving into the new, high-tech zone in the area.

About the sponsor

Ilan Kenig has 30 years experience in the funding, management and development of real estate and has expertise in banking.  He is the founder and CEO of FMB investment consulting firm. Eli Pitlovich works as an entrepreneur and project and investment manager.  In the past, Pitlovich was VP of Investments at Remax.

The opportunity

Acquisition of three lots to construct single family homes in desirable areas.

Other projects by the sponsor

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