Woodland Hills, Calif. (Aug. 4, 2021)– Legacy Partners (“Legacy”), a privately held national real estate firm, announced today the opening of leasing at Essence, a 274-unit luxury apartment residence at 6041 Variel Avenue in Woodland Hills for developer BCEG International Investment – US (BCEGI-US).
“There has been strong demand in the Woodland Hills neighborhood for a more elevated, sophisticated lifestyle,” said Tingting Han, General Manager for BCEGI-US. “There is a true neighborhood here with immediate access to destination shopping and the restaurant scene on Ventura Boulevard, great outdoor activity and less than an hour to the beach. It is ideal for the flexibility of work from home, while also enjoying onsite amenities to relax and entertain.”
Designed by Togawa Smith Martin, the luxury experience at Essence in every residence emphasizes indoor/outdoor living with oversized balconies, private stoops, and live/work layouts that combine the residence with workspace. Alongside a resident lounge is conference rooms, presentation room, and dedicated offices.
A pet-friendly home, Essence boasts an onsite pet grooming spa. The fitness center accommodates a full-body workout – all with touch screen TVs. There is a yoga room, resort-style pool and hot tub, basketball court, outdoor seating area with fire pits, and landscaped courtyards with music and BBQ pits. In addition to gated parking for residents and guests, there are EV charging stations.
Interior amenities include stainless steel appliances, washer/dryer, quartz countertops and tile backsplash, walk-in closet systems, and luxe plank vinyl flooring throughout. Studios, one and two-bedroom residences range in size from 608 square feet to 1,958 square feet, with monthly rent starting at $2,135.
AboutBCEG International Investment–US
BCEG International Investment – US (BCEGI-US),as investment arm of Beijing Construction Engineering Group (BCEG), focuses on and is specialized in real estate development, investment,acquisition and construction. BCEGI-US has identified and developed a portfolio of well-designed properties in California, Texas, New York and major markets throughout the United States. While Involved in investment management at all levels, from equity, preferred equity to debt, BCEGI-USa also provides pre-construction and construction management services to create high quality products that maximize returns and minimize risks. BCEGI currently has over $800 million assets under management.
BCEG, parent company of BCEGI-US, is the 45th largest construction and engineering company in the world by revenue in 2019.Headquartered in Beijing with its global footprint and operations in27 countries,BCEG has invested in,developed, and built numerous landmarks around the globe,such as the 5million sq.ft. $1.35billion development of Airport City Manchester,and the 3 million sq. ft. $430 million development of Landmark Waterfront Hotel and Condo in Bangkok, Thailand. As a constant leader in the industry, BCEGprovides turnkey solutions and specializes in project construction, real estate development, design, environment and energy conservation, property management, project supervision, consulting,and other relevant services.
About Legacy Partners
Legacy Partners (Legacy), a privately held real estate firm founded in 1968 and headquartered in the San Francisco Bay Area, owns, develops and manages multifamily communities throughout the United States. Legacy has regional offices in California, Colorado, Florida, Texas, and Washington and has developed more than 60,000 apartment homes in Arizona, California, Colorado, Nevada, Oregon, Texas, and Washington. Since inception, Legacy has worked with some of the world’s largest financial institutions, life insurance companies, and real estate companies, consistently delivering exceptional results.
Legacy provides management services for its own portfolio, as well as other owners. Combined, Legacy manages a portfolio of over 60 multifamily communities with more than 14,000 apartment homes, and with a gross value in excess of $2 billion.
