Sentral Grows Management Portfolio by Two LA Properties and One in Philly

Sentral, a full-building residential hospitality operator, said Tuesday it will manage two new luxury residential communities in Los Angeles: Figueroa Eight (744 S Figueroa St., Los Angeles), developed by Mitsui Fudosan America, and Sentral Beverly Hills (6401 Wilshire Blvd., Beverly Hills). Sentral will also manage The Battery (1325 N Beach St.), redeveloped by Lubert-Adler Real Estate Funds, in Philadelphia.

Figueroa Eight and Sentral Beverly Hills build on Sentral’s existing footprint in California, joining a network of six communities in Los Angeles and eight communities in the Bay Area. The Battery is Sentral’s first property to open in Philadelphia and the third Sentral property managed for Lubert-Adler in Pennsylvania.

“These are extremely important markets for Sentral given the dynamic cultural landscape of its cities, which in turn draw a dynamic demographic of residents who are looking for extraordinary living experiences that traditional multifamily operators do not deliver,” said Lisa Yeh, president of Sentral. “This opens up an opportunity for building owners to innovate and find ways to achieve greater customer satisfaction and higher revenue potential.”

Connect Orange County will take place Sept. 27, 2023 at VEA | Newport Beach Marriott in Newport Beach, concurrently with Connect Healthcare Real Estate on Sept. 27 and 28. Click here to register for Connect Orange County, and here to register for Connect Healthcare Real Estate.