Sunset & Vine

Sunset and Vine Streets Hollywood, CA

This mixed-use infill project was the result of a complex public-private partnership. Anchored by Borders and Bed, Bath & Beyond, retail space totaling almost 100,000 square feet activates the street. Above, an urban village of 300 rental apartments conceals an 850-car garage that serves both residential and retail uses. Innovative signage and a signature architectural element create a landmark identity for this unique development.

2 E. 8th

Chicago, Illinois
330 units

Ansonia affiliate purchased the non-performing first mortgage note on this 28-story mixed-income high-rise provided a path to acquisition of the fee interest at a time when tax considerations ruled out a sale by the owner. Ultimately the property was acquired by a deed-in-lieu of foreclosure. Net operating income from the 330 apartments, 204 parking spaces and 30,000 square feet of retail space increased by more than 150% in the first full year of operation, as new management practices were implemented and rents were rationalized and brought to market rates. To help support the repositioning of the property, the common areas were renovated and deferred life-safety and maintenance items were addressed.

Sunset & Vine

Sunset and Vine Streets Hollywood, CA

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Ansonia Properties

815 W. Van Buren, Ste. 550

Chicago, IL 60607

312-492-8866