LADWP – Strategic Real Estate Plan
Kosmont has been retained by the Los Angeles Department of Water and Power (LADWP) to prepare a Strategic Real Estate Plan for extensive property holdings in Los Angeles County. The plan includes the identification of properties that have been deemed to be “Surplus” and provides strategies for divesting of these properties in a way that maximizes value gain. The plan …
LACDD – Site Specific Tax Revenue
Kosmont was retained to assist the City in reviewing and evaluating a $22.7 million public subsidy request related to a proposed retail project. Kosmont reviewed the developer’s proposal and pro forma, and assisted the City in estimating incremental project related sales and property tax revenues. Additionally, Kosmont assisted the City in evaluating projected tax revenues versus potential financial exposure, and …
Old Town Newhall – Avery & Frimerman Brokerage Services
Kosmont Realty Corporation represented the seller AF Main in the sale of an approximately 1.7-acre block at Lyons Avenue between Main St. and Railroad Avenue in Old Town Newhall to the Santa Clarita Redevelopment Agency.
Demand & Siting Analysis
Kosmont was retained by LACCD to prepare a demand and area siting analysis related to opportunities for new LACCD satellite learning centers, to ascertain the most under-served areas in which to site future satellite facilities, as well as areas in which there may be industry clusters appropriate for jobs-contract training partnerships if a new LACCD satellite facility was located nearby. …
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