Close Popup Icon
https://diversyfund.com/granito-investment-update-december-2017/
Investment Updates

Granito Investment Update | December 2017

This month’s Granito investment update brings you good news about the high-end market in Los Angeles.

Right now, we are waiting on the final pledged dollars to come through, so we can begin excavation work in January. We look forward to sharing photos with you in the coming months so you can watch this remarkable home take shape.

Recently, we had a market update call with Josh Altman from Bravo TV’s “Million Dollar Listing” television show. During the call, he said the high-end market in Los Angeles continues to perform well, especially for new construction like Granito due to the lack of supply of new high-end product.

 

Related Articles

DiversyFund Q1 Investment Update (2019)
  • Investment Updates

DiversyFund Q1 Investment Update (2019)

DiversyFund Q1 Investment Update The Growth Fund is invested in a brand new value-add asset named Summerlyn in Texas. Closing is anticipated next month for this new 200 unit project that is targeting an 18% IRR to the Growth Fund. Our real estate team is out in Texas currently looking at 2 other value-add opportunities…

DiversyFund Q4 Investment Update (2018)
  • Investment Updates

DiversyFund Q4 Investment Update (2018)

Park Blvd Investment Update Q4 2018 The Park Blvd project is close to receiving full permits. While the holidays slowed down response time from the City, our team is clarifying what will most likely be the last round of comments before locking in the wood frame permit. As mentioned in previous updates, the foundation permit…

DiversyFund Q3 Investment Update (2018)
  • Investment Updates

DiversyFund Q3 Investment Update (2018)

DiversyFund Q3 Investment Update DiversyFund Growth Fund  The Growth Fund has made several preferred equity investments such as our Park Blvd multi-family project, Goshen (student housing) and Felspar (Pacific Beach condos), along with a small investment in Granito Drive.  We are currently performing due diligence on several multi-family value add deals and have recently made…