2007 was a good year for Classic Apartments, after acquiring a 12-unit apartment building two years earlier, and spending the first half of 2006 working with our architects, the Glendale Department of Building and Safety, promptly approved our plans.
By July of that year the necessary financing was obtained and we were ready to begin construction. Unfortunately life had other plans, Shai Aloni our general contractor who had been with us from the beginning, discovered a cancerous lump in his throat. After the shock of the news, Alexander Bermudez, assumed Shai’s responsibilities and we finally broke ground in August. Thanks to modern medicine and Shai’s indomitable spirit he has since enjoyed a full recovery!
Seven months later the renovation at 1019 North Louise Street was completed and fully leased. To date this has been our most ambitious project and a delightful addition to our portfolio.
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