With MJM Investment Company and its partners, MJM directed the design and entitlement of a Class A, institutional quality multifamily project near Downtown Los Angeles. The project was comprised of 212 residential units on resort-like grounds, with a 360 degree view including the Hollywood Hills, Downtown L.A., Century City and Palos Verdes. This is a unique, destination apartment complex which distinguishes itself from the competition. Entitled and sold.
212 multifamily units in five-story buildings above subterranean parking, with secured entry and full amenities including pool deck, clubhouse, business center and leasing office. The view is unobstructed in all directions, as the 2.9 acre site is located on a hill South of the Hollywood Freeway.
100,000 s.f. shopping center with anchor tenant Ralphs (now Stater Bros.) Built and sold.
MJM's exceptional success warranted its shift into larger commercial projects, such as designing and developing neighborhood and power centers in several areas in the Inland Empire in JointVenture with Malcolm Riley and Associates under Riley Asheghian Development Company.
180,000 s.f. shopping center bought from Malcolm Riley and Associates. Remodeled, re-tenanted the center and changed Ralphs Market to Food- 4-Less; added building for Ross and 12- screen theater.
17 acres of land for a mixed-use project. The land was developed to provide 240,000 sq. ft of retail/commercial plus 460 multi-family units. Joint Venture with Malcolm Riley. The land was subdivided and sold.
30 acres of commercial land at on/off ramp of 15 Freeway. Designed by MJM Investments and Malcolm Riley for a 400,000 s.f. power center. Subdivided and sold
Trans Atlantic International Company was funded by private investors and Michael acquired assets such as the 10-story, 200-room Ramada Inn on Pico Blvd and 5th Street in the City of Santa Monica, along with 100 units of apartments located adjacent on the south side of the hotel. Michael also purchased an adjacent one-acre parcel of land on the west side of the hotel on Pico Blvd. MJM hired Doug Lowe, architect, to redesign the hotel into a 300-room international hotel (flagged as Sheraton Four Points) with all amenities. Michael and his group then sold off the apartments separately from the hotel, and sold the hotel to an institutional buyer. This transaction took almost five years and made an exceptional profit for the company as well as the partners.
Along with his hotel development with Trans Atlantic International, Michael designed and built several condominium buildings in the cities of Encino, Torrance, Santa Monica, Long Beach, Los Angeles, and either rented or sold them.
Mixed-use shops and apartments NWC of Kanan Dume and PCH, Malibu, CA
80 luxury condominium units 17920 Magnolia Blvd, Encino, CA
20 luxury condominium units 5237 Newcastle Ave, Encino, CA
32 luxury apartment homes at 8735 Independence Ave, Encino, CA
16 luxury condominium units 5219 Newcastle Ave, Encino, CA
40 luxury condominium units 21040 Parthenia St. Canoga Park CA
Land subdivision of 32 4-plex lots, built and sold to Lyon Company.
360 lots on 80 acres, sold to builder with final subdivision permit.
260 lots on 60 acres, sold to builder with final subdivision permit.
An approximate 18,000 s.f. industrial building bought, remodeled, leased and sold.
An approximate 35,000 s.f. industrial building bought, remodeled, leased and sold.
An approximate 40,000 s.f. industrial building bought, remodeled, leased and sold.
An approximate 150,000 s.f. concrete, 4- story commercial/industrial building bought, remodeled, leased and sold.