Trion Properties, with joint venture partner Ketter Construction, has developed Olivia Apartments, a 45-unit luxury multifamily development with 10 percent of the units designated affordable. The property is located in the Mid-Wilshire neighborhood of Los Angeles, Calif.
“We focus on markets that are positioned for resiliency in all economic climates,” said Max Sharkansky, a managing partner at Trion Properties. “As we approach these markets, we utilize strategies that set us up for better stability. For example, while we experienced some construction delays due to COVID absences, we were well positioned to offset most of these challenges by ordering materials in advance. We were fortunate that the project’s timeline was preserved and we avoided considerable delays from supply-chain back-ups.”
Olivia Apartments is a mile away from the Wilshire/Fairfax Metro station, set to open in 2023, which will connect residents to major markets from Downtown Los Angeles t
