Del Rey Square Opens to LA Seniors
Los Angeles City Councilman Bill Rosendahl took the wraps off Del Rey Square, a 124 unit senior housing community in West Los Angeles, on April 12, 2013. Open to formerly homeless and low-income seniors, the complex includes a computer room, fitness center, and private balconies and patios which complement the spectacular Spanish-style exterior.
Century helped finance the project with a $9,547,500 acquisition loan through the New Generation Fund to Thomas Safran & Associates, an award-winning developer responsible for more than 40 properties throughout Los Angeles.
