City of Placentia – Downtown Revitalization
Kosmont Companies is assisting the City of Placentia in an overall revitalization of the City’s historic downtown core. Aspects of the revitalization program include 1) selection of a developer and negotiation of an Exclusive Negotiation Agreement to build a 350-space above-grade parking structure; 2) planning and redevelopment of strategic parcels with retail and mixed use to eliminate blight and renew …
City of Placentia – Boys & Girls Club Purchase/Leaseback
Kosmont Realty Corporation (KRC) successfully assisted the Placentia Redevelopment Agency (RDA) in acquiring, through an innovative purchase/leaseback arrangement funded with private investor capital, a privately owned parcel strategically located in the RDA Project Area. This property was owned by a non-profit community based agency and was not within the RDA’s ability to purchase through traditional means. KRC sourced qualified private …
City of Perris – Riverside Transit Agency – Nuevo Crossing Real Estate Advisory
Kosmont was retained by the Riverside Transit Agency (RTA) for real estate finance and economic advisory assistance. The City of Perris Redevelopment Agency created several new parcels for public agency use out of an existing 30-acre assemblage (approximately). The RTA intended to acquire one of the proposed sites for the establishment of an operational facility. Kosmont assisted RTA in the …
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.
Burbank North Triangle
Consultant provided real estate advisory services to Douglas Wilson Companies who was acting as the Receiver in connection with the “Burbank North Triangle” property located proximate to the intersection of Alameda and Olive Avenues in Burbank, California. Consultant focused on public agency issues pertaining to the Development Agreement and related City of Burbank procedures and approvals to achieve modification and …
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