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Stock impact report

CMCT Announces Completion of 1915 Park, 36-Unit Apartment Building in Echo Park Neighborhood of Los Angeles

Creative Media (CMCT) 
Last creative media earnings: 3/16 08:00 am Check Earnings Report
US:NASDAQ Investor Relations: investors.cimcommercial.com
Company Research Source: Business Wire
LOS ANGELES--(BUSINESS WIRE)--Creative Media and Community Trust Corporation ("CMCT”) (NASDAQ: CMCT and TASE: CMCT-L) announced today that it has completed development of 1915 Park Ave., a 36-unit modern apartment community located in Echo Park, one of the most desirable neighborhoods in Los Angeles.The six-story building was constructed on a former surface parking lot of 1910 W. Sunset, an adjacent office tower. Both assets are owned by a joint venture consisting of CMCT and an international pension fund. 1915 Park provides studio, one- and two-bedroom floorplans designed with contemporary fixtures and finishes that are most in demand in today’s rental market. Residents can enjoy the rooftop deck for gathering and lounging while gazing at the exceptional city views. The building provides on-site underground parking along with bicycle parking.Among its location attributes is 1915 Park’s position in what is considered a highly walkable neighborhood with boutique shops and fashion r Show less Read more
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