LAURUS CORP. ACQUIRES MULTIFAMILY DEVELOPMENT SITE

by admin

BEVERLY HILLS, CALIF. — Laurus Corp. has acquired a one-acre development site, which is located at the intersection of North Palm Drive and Civic Center Drive in the Platinum Triangle area of Beverly Hills. The property has entitlements to build 35 luxury condominiums in two adjacent buildings. Current project plans include two five-story buildings featuring units ranging in size from 2,000 to 3,400 square feet. The units will feature unique designs, top-of-the-line furnishing and high quality amenities. 432 Beverly Hills LLC was formed as an investment vehicle to acquire the property by a group of equity partners.

You may also like