Real Estate Development, Construction, and Management Optimized for the Now and the Future

Portfolio

Iris Maplewood

**Unit Count:** 24
**Location:** Hancock Park and Larchmont Village Adjacent, Blocks away from Paramount Studios - 5122 W Maplewood Ave
**GREP Involvement:** General Partner and Developer: Lot assemblage, entitlement, construction management, asset and property management
**Description:** Mix of 2 and 3 bedrooms, TOC density bonus utilization, development finished Q1 2020
**Property Highlights:** 5th story open-air courtyard, front-façade frosted glass and board-form concrete, balconies in every unit

1344-1350 Exterior.jpg — 1344 N Alta Vista Blvd

**Unit Count:** 6
**Location:** West Hollywood Adjacent in Los Angeles
**GREP Involvement:** General Partner: Acquisition, construction management, asset and property management
**Description:** 4-unit to 6-unit conversion, mix of 1, 2 and 3 bedrooms, rehab completed Q4 2019
**Property Highlights:** Updated units, large lot, ample foliage, in unit air conditioning and washer dryers

Pine on Gramercy

**Unit Count**: 33
**Location:** Mid City - 861 S Gramercy Place
**GREP Involvement:** General Partner and Developer: Lot assemblage, entitlement, construction management, asset and property management
**Description:** Mix of 2 and 3 bedrooms, TOC density bonus utilization, now fully stabilized. Completed in Q3 2023.
**Property Highlights:** Interior open air courtyard, underground parking, private balconies, library and gym.

The Arthur

**Unit Count**: 35
**Location:** Fairfax - 806 N Edinburgh Ave
**GREP Involvement:** General Partner and Developer: Lot assemblage, entitlement, construction management, asset and property management (currently under construction)
**Description:** Mix of 1, 2 and 3 bedrooms with 5 deed restricted affordable units. TOC density bonus utilization and ADU bonus.
**Property Highlights:** Luxury, modern finishes with a gym, rooftop lounge & pool, BBQ’s, dog run

Sands off Sawtelle

**Unit Count:** 44
**Location:** Sawtelle - 11418 Missouri Ave
**GREP Involvement:** General Partner and Developer: Lot assemblage, entitlement, construction management (currently under construction)
**Description:** 100% affordable building under ED1 development incentives. Primarily studio and efficient 1-bedroom units with a few 2 bedroom units.
**Property Highlights:** One of the first ED1 plans to be entitled, and one of the only in a high-resource neighborhood. No parking, communal laundry, and a bike room.

Martel and Fountain

**Unit Count:** TBD - Approx. 47
**Location:** Hollywood/West Hollywood Border
**GREP Involvement:** General Partner and Developer: Lot assemblage entitlement, construction management (currently in acquisition phase)
**Description:** New construction project utilizing LA City Mixed Income Incentive Program and Public Benefit Option.
**Property Highlights:** Will be one of the first projects to utilize new density bonus program offered by the City of LA.

Generation Real Estate Partners develops, owns, and operates multifamily real estate in Southern California. GREP was founded by Steven Scheibe and Ramin Ghaneeian in 2016. Since its inception, GREP has successfully acquired, developed, and operated several multifamily projects delivering quality apartment living and high performing investment returns for its partners

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