Casa Luna Apartments Announces Successful Reposition

Casa Luna Apartments announces successful reposition.

(PRWEB) June 3, 2007 -- Casa Luna Apartments, Justin Paperny and Sam Pompeo are proud to announce the successful reposition of "Casa Luna" located at 14639 Calvert Street in Van Nuys, CA. Justin Paperny and Sam Pompeo specialize in the acquisitions, improvements, rehabilitation and operations of multi-residential properties throughout Southern California and in particular, the San Fernando Valley.

Casa Luna Apartments, LLC was originally purchased in mid 2005. Justin and Sam, as the general partners, felt there was significant upside for their investors in investing in an area that was continuing to improve, as a result of the millions being spent in new construction in the surrounding area, along with the convenience of the new bus system located just a couple of blocks from the property.

Prior to its acquisition, 14639 Calvert St. was a 10-unit apartment building that had been boarded, barred and fenced up for several years. The renovation plan, which took nearly two years to complete, was to completely remodel the building and make it a viable and affordable housing option for families in the Van Nuys community. It is with great pride that Casa Luna Apartments was able to achieve their primary objective of providing affordable housing for the local community, while also benefiting and creating profits for investors of Casa Luna Apartments, LLC.

Please contact Justin Paperny at 818-424-2220 or Samuel Pompeo at 818-601-1801 for additional information about this project or for information about their upcoming project in the up and coming NoHo Arts District in North Hollywood, CA. You can also visit their websites at www.justinpaperny.com or www.sam.pompeo.com

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