640 S. Main Street, Los Angeles
BPG, through its predecessor company Simon Baron acquired its first project in California in 2016, a 600-room historic hotel in the burgeoning Downtown Los Angeles market. BPG partnered with Skid Row Housing Trust and is currently working on a conversion of the property to 100% affordable housing. When complete, the property will be the single largest affordable housing building in Los Angeles.
Lenders
Atalaya
Slate Property Group
Centennial Bank
BPG, through its predecessor company Simon Baron acquired its first project in California in 2016, a 600-room historic hotel in the burgeoning Downtown Los Angeles market. BPG partnered with Skid Row Housing Trust and is currently working on a conversion of the property to 100% affordable housing. When complete, the property will be the single largest affordable housing building in Los Angeles.
Lenders
Atalaya
Slate Property Group
Centennial Bank