Chandler Pratt & Partners completes a partnership with the City of Inglewood to finance and construct the 145 unit high quality affordable family apartment “Regent Square” with a state of the art daycare and tutoring facility for residents’ children, community clubhouse, pool/spa, and other luxury amenities on a 3.4 acre site near downtown Market Street. The public/private partnership was formed with the City leaders, in conjunction with community stakeholders, and has resulted in a project that will truly serve the local demand for quality housing and benefit the entire neighborhood.
Recent : News
Chandler Pratt & Partners launches its strategic partnership with Watermark, a luxury retirement and senior living developer and operator located in Tucson, Arizona (www.watermarkcommunities.com) to develop and operate a 10+ property portfolio of newly constructed assisted living, memory care, and hospice projects in urban infill areas of Southern California. The partnership will construct and operate its prototype 60 bed project on a series of well located sites under the trademark “Hacienda by Watermark”.
Chandler Pratt & Partners sells its 159 unit luxury apartment “Gardens At Wilshire” for a record 4.9% cap rate on current rents in the middle of the recession to a private investor. The stabilized project achieved leaseup during the difficult recession and competition from failed condo conversions that were also leasing their units. This unique sale occurred just as the markets were recovering and generated a significant profit for its investor.