LOS ANGELES–(BUSINESS WIRE)–Manhattan West Real Estate, a division of modern investment firm Manhattan West, today announced it has completed its renovation project at The Gates on Beverly, a four-building, multifamily community featuring 42 unique apartment units in the Larchmont neighborhood of Los Angeles.
Centrally located on Beverly Boulevard, The Gates on Beverly features open and airy studio, one-and two-bedroom floor plans: The Diamond, The Arch, and The Vertical. Finished with designer touches and handcrafted details, including solid stone countertops, stainless steel appliances and farmhouse-style kitchen sinks, tenants can enjoy timeless home design in this popular LA neighborhood. All units have been remodeled with updated bathrooms with new vanities and sinks, spacious closets, and in-unit washers, dryers and dishwashers.
“Manhattan West is thrilled to revitalize The Gates on Beverly to provide quality housing at a time when Los Angeles residents need it most,” said Adam Norvell, Managing Director – Real Estate, Manhattan West. “Our thoughtful, hands-on approach to design and construction gives us the unique advantage of identifying and restoring vintage buildings that are competitive with the brand-new Class-A projects in our communities.”
Acquired by Manhattan West Real Estate in December 2019, The Gates on Beverly underwent substantial upgrades on the building’s exterior, while interior units were outfitted with new electrical and plumbing. The building offers several outdoor conversation spaces, ample parking, bike storage, secure building access, and many other appealing amenities for tenants.
Lease up of the community started in Q1 2021 alongside continuing renovation and is expected to be fully stabilized by the onset of 2022. For more information regarding The Gates on Beverly, please visit thegatesonbeverly.com.
About Manhattan West Real Estate
Manhattan West Real Estate is a community-focused real estate team uniquely positioned as an owner, operator and manager of multifamily and industrial properties. A division of Manhattan West, a modern investment company with a vertically integrated platform of in-house services and investments, Manhattan West Real Estate has sought to add value to its communities it operates in and positively impact the tenants and residents of its buildings. Since inception, the group has focused on targeting value-add and core plus assets.
About Manhattan West
Manhattan West is a global strategic investment firm based in Los Angeles that provides proprietary alternative investments across multiple asset classes including Private Equity, Venture Capital, Real Estate, Private Debt and traditional equity and fixed income portfolios as well as financial services including business management, tax, and planning. To learn more about us, please visit manhattanwest.com and follow us on LinkedIn.
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