Cathedral City Offering
Prime Downtown Mixed-use Properties.
For Sale 5 Acres in Hacienda Heights
The Hacienda La Puente Unified School District is seeking a qualified & experienced buyer/developer for an exceptional residential development opportunity on a 5-acre former school site (“Site”) located north of 60 FWY at border of Avocado Heights & City of Industry.
For Sale: Purchase and Development Opportunities – Cathedral City
Prime residential, commercial and industrial properties. Cathedral City is a dynamic community with vibrant residential, commercial and industrial areas. The selected buyers will benefit from an infill residential and/or commercial opportunity in a superior community with strong market demand and prices.
Forum owners plan to revive venue with $50-million renovation
The owners of Madison Square Garden have come to the rescue with an ambitious plan to turn the faded Forum into a juggernaut. The East Coasters are looking to challenge the region’s big arenas, including Staples Center and its owner, the politically connected AEG.
Kosmont Companies Selected to Advise on Dissolution of Redevelopment Agencies
Kosmont Companies was recently selected by the State of California’s Department of Finance to provide interim Redevelopment Dissolution Consulting Services to six of the seven “Designated Local Authorities” (DLAs) across the State. The Designated Local Authority is an entity comprised of appointees by the Governor to wind down the affairs of redevelopment agencies in those cities that did not elect to become a Successor Agency.
Kosmont Realty Represents Owner in Sale of LA Forum
The Madison Square Garden Company , City of Inglewood and Faithful Central Bible Church announced today that The Madison Square Garden Company has acquired the celebrated Forum in Inglewood, Calif. for a purchase price of $23.5 million. The acquisition will be followed by a comprehensive renovation of the historic venue, which is scheduled to begin later this year.
Kosmont’s advisory and real estate firm thrived after the state axed local redevelopment agencies
Bond Buyer article by Keeley Webster titled “Kosmont grows by helping California cities navigate post-redevelopment world” is about how Larry Kosmont’s advisory and real estate firm thrived after the state axed local redevelopment agencies.
Los Banos – For Sale Development Opportunity Sites
The Los Banos Designated Local Authority (“Seller”) is looking to identify buyers for sites comprising residential and commercial zoned land (“Sites”) in the City of Los Banos in the County of Merced.
Recently Sold Properties
Kosmont Realty Corporation (KRC) is proud to present recently sold Redevelopment Agency (RDA) dissolution properties. KRC is succeeding at selling former RDA assets!