10747 Magnolia Blvd.
Challenge: Entitlements at the time Evanisko was retained were not reflective of the market’s perception of highest and best use. Two brokers prior to Evanisko had attempted to peddle the site leveraging the value-less entitlements. Evanisko would not be the third.
Value Add: Evanisko scrapped an existing entitlement in marketing and assembled two additional owners to create the area’s most catalytic development opportunities.
Evanisko Represented: Seller and Buyer
$7,000,000
57,000 SF
IN NOHO
PRODUCT:
120 AFFORDABLE SENIOR HOUSING UNITS
