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California  + Los Angeles  + Senior Housing  | 

Woodland Hills Site Will Yield Luxury Senior Living Complex

California Commercial Investment Group has acquired a 19-acre site adjacent to the Motion Picture & Television Fund campus in Woodland Hills for $30 million.  The company plans to develop a luxury senior living life cycle community encompassing approximately 300 units on the site.  Construction is scheduled to begin in 2026 with completion planned for 2028.

JLL’s Bryan Lewitt represented the seller, Motion Picture & Television Fund. The buyer was represented by Michael Slater of CBRE.

“This is a great opportunity for a premier developer in California Commercial Investment Group to acquire and develop a much-needed luxury senior living community in a pristine location,” said Lewitt, managing director with JLL.

Read More News Stories About: CBRE, JLL

Inside The Story

JLL's Lewitt

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Sale/Acquisition
  • ◦Development
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