Skyline Multi-Housing

 

Developing & Preserving

Real Estate Acquisitions

Acquisition of land for development of affordable housing for veterans, families, special needs, homeless. Unentitled preferred.

Acquisition of existing apartment buildings.

Land: 50 - 200 units. Transit Oriented preferred. Affordable Housing only. California & Hawaii only.

Existing Apartment Buildings: 60 - 150 units. California. Class B, C. Need T12 for quick replies. 


Real Estate Development. Cradle to Cradle

We specialize in Multi-Family developments of Green & Sustainable Affordable/Workforce Housing . We have the ability to secure development entitlements including Zone Changes, Density Bonus, CUP, Variance, Specific & General Plan Amendments.

Real Estate Financing

Experienced in securing conventional debt and equity, tax exempt bond financing, tax credit financing, public agency funding, and creating public private partnerships.

 

Projects

The following is a list of the most recent projects that I have been an integral part of either acquiring, developing, entitling, or building. These projects were accomplished either as a member of a team with a specific role or as a principal.

 

The Clarendon is a 335 unit Market Rate Luxury apartment building. It is a 5 story wrap product situated on approx. 4.22 acres in Woodland Hills, Ca. Located just north of Ventura Blvd. and walking distance to Topanga Canyon Bl. Currently under construction.

Inspire is a 420 unit Faculty, Staff and Market Rate apartment building on the campus of Cal Poly San Luis Obispo. Situated at the gateway to the campus this landmark development will be situated on 20 acres of gently rolling hills. Currently in Schematic Design and CEQA.

Meridian is a 104 unit 5 story podium building with subterranean parking that is Affordable Housing for families. It is located in Koreatown within walking distance to the Metro Station. Financed with LIHTC's and state and local funding. In Service.

Koreatown - Crenshaw Blvd. is a podium construction development consisting of 45 units of Affordable Housing catering to individuals in need of permanent supportive housing. HHH funding awarded. In pre-construction.

First Street Lofts is a 98 unit fully entitled development site located in downtown Claremont. Located within walking distance to the transit station and "the village" the design includes retail, live work, and rooftop amenities. 4 story podium building with subterranean parking. On hold w/entitlements.

Additional Project List

 

Koreatown - Kenmore Ave. 75 units of permanent Supportive Housing. HHH funding award. Construction start October, 2019. 

Johnston & State St., Hemet, Ca.,   124 units, Tuck Under, Senior Affordable Apartments, 11.3 acres Entitlements Approved. Client; Denley Investments.

Slauson Station Apts, 1717 East 61 St., Los Angeles, Ca.  29 units, Podium, Affordable Family, <1acre, 9% LIHTC/ County of LA, Sold entitled & funded. Client; Personal. COMPLETED! 

Vendome Apts, Silver lake, Los Angeles, Ca., 36 Affordable units, Rehab, SRO, < 1 acre, 9% LIHTC/  LA Housing Trust  Funds, Sold entitled & funded. Client; Personal. COMPLETED! 

  

Sherman Way & Woodman, Van Nuys, Ca., 52 units, Podium, Affordable Family, 1.15 acres. Sold entitled. 9% LIHTC/ State MHP/ LA Housing Trust Funds. Client; Personal. COMPLETED!

Monterey Park Senior Village, Monterey Park, Ca. 114 units, Podium, Affordable Seniors, 1.6 acres, 9% LIHTC, County of Los Angeles. Client; ACOF. COMPLETED! 

Fox Normandie Apts, Los Angeles, Ca., 48 units, Rehab Affordable, <1 ac, 9% LIHTC, City of LA, Client; ACOF. COMPLETED!

Brandon Apartments, Central City West, Los Angeles,  32 units, Rehab/New Construction Combo, Affordable Family, <1 acre, 9% LIHTC, City of LA. Client; ACOF. COMPLETED!


Sonya Gardens, South Central Los Angeles, 60 units scattered site, Rehab, Affordable Family, 9% LIHTC, County Of LA. Client; ACOF. COMPLETED!


Amistad Apartments, Lincoln Heights, Los Angeles, Ca., 49 units, Podium, Affordable Family, 1 acre, 9% LIHTC, City of LA. Client: ACOF. COMPLETED!

Cornerstone Apartments, Van Nuys, Ca., 36 units, On Grade, Affordable Family, > 1 acre, 9% LIHTC, City of LA. Client; ACOF. COMPLETED!

    

Tyrol Plaza, State College Blvd., Anaheim, Ca., 60 units, On Grade, Affordable Seniors, 1.44 acres, 9% LIHTC, City of Anaheim. Client; ACOF. COMPLETED!

       

Santos Plaza Apts., South Central, Los Angeles, Ca., 37 Affordable units, Rehab, SRO, < 1 acre, 9% LIHTC/ City of LA. Client; ACOF. COMPLETED!


Jackson Aisle Apts., Midway City, Ca., 30 units, Podium, Affordable to Individuals, < 1 acre, 9% LIHTC County of Orange,Client; ACOF, COMPLETED!

La Primavera Apts, South Park, Los Angeles, Ca., 36 units, rehab, Affordable to Individuals, < 1 acre, 9% LIHTC/ City of LA. Client; ACOF. COMPLETED!


Maryland Apts , Central City West, Los Angeles, Ca., 30 units, rehab, Affordable to Individuals, < 1 acre, 9% LIHTC, City of LA. Client; ACOF. COMPLETED!


Andalucia, Central City West, Los Angeles, Ca.,  75 units, Podium, Affordable Family, > 1 acre, 9% LIHTC, City of LA, Client; ACOF. COMPLETED!

     

Testimonials

What's Being Said

 

“------------------------------------------------------------------------------------------------------------------------------------------------------"

"------------------------------------------------------------------------------------------------------------------------------------------------------”

"------------------------------------------------------------------------------------------------------------------------------------------------------”

Contact Me

Have a particular challenge you’re trying to deal with? Contact me today and see what I can do for you.

 

Resume

Kenneth C Bank

Ability Summary

Two decades of experience in the real estate development industry with long standing relationships in the real estate broker network, land use consulting and attorney industry, including City, County and State agencies.

Experienced in finding under valued land opportunities; Strong negotiating skills including contract preparation; excellent oral presentation skills with an emphasis on interpersonal communication; superior site indentification abilities; able to prepare prelimary proformas for feasibility; in depth understanding of land use, zoning and entitlement process as well as CEQA, NEPA.

Able to anticipate, plan, coordinate and direct the process of real estate development from conception to move in. Extensive background in Project Management of developments including the entitlement, permitting, and construction of raw properties through
certificate of occupancy.

In depth understanding of tax credit and tax exempt bond financing, State of California administered Multi Family funding programs, and most California local municipality administered Multi Family funding programs.

Proficient in the use of LandVision, Google Earth Pro, MicroSoft Office (Excel, Word, Power Point, Publisher).


Employment History

Acquisitions Manager

10/2013 - 09/2017

Amcal Housing

30141 Agoura Rd # 100, Agoura Hills, CA

Responsible for finding development sites for the company to acquire, develop, build and then manage. Tenant populations included Students, Luxury Market Rate, Seniors, Low and Moderate Income, Special Needs, Veterans. Duties included site sourcing through out the state of California. Preparation and negotiation of Purchase and Sale Agreements on CAR, AIR and company forms. Preliminary due diligence Re: zoning and entitlement risk, financial modeling, sourcing of capital stack, selection of 3rd party consultants (architects, environmental, geotechnical, Civil). Approximately 1,000 units of multi family housing under construction or in the pipeline. AMCAL became the largest California based developer of Student Housing during my tenure.


Development Director

11/2010 - 12/2012

Denley Investment & Mgmt Co

1710 N Mccadden Pl, Los Angeles, CA

Responsible for obtaining real estate development entitlements for property purchased by the ownership. Development included mixed use, affordable and market rate populations. Hired and supervised architectural team to help with entitlement process. Approximately 300 units of multi family housing under construction or in the pipeline.


Managing Principal

02/2003 - 11/2010

Riverbank Development

1042 Centinela Ave, Santa Monica, CA

Principal owner of real estate development company. Acquired development sites, created partnerships via LLC vehicle, applied for and obtained entitlements (density bonus, zone change, variance, CUP), assembled financing for affordable housing, and flipped all sites acquired. Over 800 units ultimately built.


Director of Housing Development

10/1999 - 01/2003

A Community of Friends

3701 Wilshire Blvd # 700, Los Angeles, CA

Supervised a development team of 5 project managers and 2 interns. Responsibilities included site acquisitions, obtaining and negotiating project financing (tax credits, conventional debt, public agency financing), assembly of development team (architect, engineers, general contractors), negotiation of all financing instruments and 3rd party contracts. Over 1,100 units of multi family housing completed.


 References Available on Request

 

2677 Topanga Skyline Drive, Topanga, Ca. 90290

©2017 BY SKYLINE MULTIHOUSING. PROUDLY CREATED WITH WIX.COM