IMT To Develop 650 Residential Units In Southern Calif.

Law360, New York (November 21, 2011, 2:50 PM EST) -- Real estate investment company IMT Capital LLC plans to build three new residential developments totaling over 650 units in the San Fernando Valley north of Los Angeles, it said Monday.

The projects include a 264-unit community in Valley Village, Calif., scheduled for completion by the fall of 2013; a 49-unit apartment building in Sherman Oaks, Calif., scheduled for completion in the summer of 2013; and a 340-unit community in Van Nuys, Calif., scheduled for competition by the winter of 2014.

The financial terms of the developments...
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