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KNX News – Micro-units filling up in Pasadena
12 DEC 2023
REAL ESTATE / AFFORDABLE HOUSING / MICRO UNITS

KNX News – Micro-units filling up in Pasadena

Pasadena’s First Affordable Micro Unit Development at 280 N Oakland Ave

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Micro Units, Pasadena's tiny new affordable housing options
11 DEC 2023
REAL ESTATE / AFFORDABLE HOUSING / MICRO UNITS

Micro Units, Pasadena's tiny new affordable housing options

KCAL News reporter Amanda Starrantino takes us inside one of the new 'micro units.'

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Micro-unit apartments completed at 274 N Oakland Avenue in Pasadena
09 OCT 2023
REAL ESTATE / AFFORDABLE HOUSING / MICRO UNITS

Micro-unit apartments completed at 274 N Oakland Avenue in Pasadena

The 180-unit development was a joint venture between Community Builders Group and Bridge Financial Advisors

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Pasadena Studios: City welcomes 1st affordable micro-unit development
14 SEP 2023
REAL ESTATE / AFFORDABLE HOUSING / MICRO UNITS

Pasadena Studios: City welcomes 1st affordable micro-unit development

After nearly two years of construction, developers Community Builders Group and Bridge Financial Advisors have opened their new 180-unit rental housing development: Pasadena Studios. Built on a site...

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AFFORDABLE MICRO-UNIT COMMUNITY SET TO OPEN IN CALIFORNIA
07 AUG 2023
REAL ESTATE / AFFORDABLE HOUSING / MICRO UNITS

AFFORDABLE MICRO-UNIT COMMUNITY SET TO OPEN IN CALIFORNIA

Pasadena Studios has a per-unit cost of roughly $250,000, significantly less than many other affordable housing developments. Units at Pasadena Studios have approximately 245 to 270 square feet of living space.

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PARTNERSHIP BRINGS 180 MICRO-UNITS OF AFFORDABLE TO PASADENA
04 AUG 2023
REAL ESTATE / AFFORDABLE HOUSING / MICRO UNITS

PARTNERSHIP BRINGS 180 MICRO-UNITS OF AFFORDABLE TO PASADENA

A partnership between Community Builders Group (CBG) and Bridge Financial Advisors is preparing to open Pasadena Studios, a new development that will bring 180 micro-units of affordable housing for individuals earning less than $53,000 annually to Pasadena. The site will be managed by WinnResidential

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PARTNERSHIP TO OPEN $45M PASADENA STUDIOS AFFORDABLE HOUSING PROPERTY IN PASADENA, CALIFORNIA
02 AUG 2023
REAL ESTATE / AFFORDABLE HOUSING / MICRO UNITS

PARTNERSHIP TO OPEN $45M PASADENA STUDIOS AFFORDABLE HOUSING PROPERTY IN PASADENA, CALIFORNIA

A partnership between Community Builders Group and Bridge Financial Advisors is opening Pasadena Studios, a $45 million affordable housing property in Pasadena.

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PASADENA’S FIRST ‘COMPLETELY AFFORDABLE MICRO-UNIT APARTMENT COMMUNITY’ DRAWS STRONG INTEREST
01 AUG 2023
REAL ESTATE / AFFORDABLE HOUSING / MICRO UNITS

PASADENA’S FIRST ‘COMPLETELY AFFORDABLE MICRO-UNIT APARTMENT COMMUNITY’ DRAWS STRONG INTEREST

A 180 microunit development is due to open in Pasadena in August. The development will bring affordable housing to the city for individuals earning less than $53,000 annually.

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ARROYO NOW INTERVIEW ABOUT AFFORDABLE HOUSING SOLUTIONS IN PASADENA
14 JUN 2023
REAL ESTATE / AFFORDABLE HOUSING / MICRO UNITS

ARROYO NOW INTERVIEW ABOUT AFFORDABLE HOUSING SOLUTIONS IN PASADENA

Today we discussed the incredible project of Pasadena Studios, the first affordable micro-unit development in the City of Pasadena in company with Arroyo Now. Jim Osterling from Bridge Advisors, Bill Hung from the City of Pasadena, and Christian Hart from Community Builders Group joined to discuss their involvement in this groundbreaking endeavor. The affordable housing crisis is a pressing issue in many cities across the US, and Pasadena is no exception.

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PASADENA’S FIRST ‘AFFORDABLE MICRO-UNITS’ APARTMENT COMPLEX UNDERWAY, TO BE READY BY JUNE
08 DEC 2022
REAL ESTATE / AFFORDABLE HOUSING / MICRO UNITS

PASADENA’S FIRST ‘AFFORDABLE MICRO-UNITS’ APARTMENT COMPLEX UNDERWAY, TO BE READY BY JUNE

Billed as the city’s first affordable micro-unit apartment complex, the Pasadena Studios Project just south of the 210 Freeway at 280 N. Oakland Avenue, a six-story building that will feature 180 micro-units, is rapidly taking shape.Project developers Community Builders Group (CBG) and Bridge Financial Advisors (BFA) said that 100 percent of the units are affordable and they are targeting...

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MICRO UNIT APARTMENTS RISE AT 274 N. OAKLAND IN PASADENA
18 AUG 2022
REAL ESTATE / AFFORDABLE HOUSING / MICRO UNITS

MICRO UNIT APARTMENTS RISE AT 274 N. OAKLAND IN PASADENA

Just south of the 210 Freeway in Pasadena, a micro unit apartment complex from Community Builders Group is rapidly taking shape. The Pasadena Studios project, which broke ground at 280 N. Oakland Avenue in November 2021, will consist of a six-story edifice featuring 180 residential units above street-level parking for 25 vehicles. At completion, the apartments will be targeted toward households earning between 30 and 60 percent of the area median income level.

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NEW AFFORDABLE HOUSING DEVELOPMENT CHIPS AWAY AT COUNCILMEMBER’S ‘1,000 UNITS IN 1,000 DAYS’ GOAL
10 DEC 2021
REAL ESTATE / AFFORDABLE HOUSING / MICRO UNITS

NEW AFFORDABLE HOUSING DEVELOPMENT CHIPS AWAY AT COUNCILMEMBER’S ‘1,000 UNITS IN 1,000 DAYS’ GOAL

Councilmember John Kennedy advocated for that construction target in 2020, joins developers at Oakland Avenue groundbreaking this week. Councilmember John Kennedy joined developers Community Builders Group and Pasadena Studios LP Wednesday for the official groundbreaking ceremony of a new affordable housing development of 180 affordable micro-units at 280 North Oakland Avenue.

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AFFORDABLE MICRO UNIT DEVELOPMENT BEGINS CONSTRUCTION
01 DEC 2021
REAL ESTATE / AFFORDABLE HOUSING / MICRO UNITS

AFFORDABLE MICRO UNIT DEVELOPMENT BEGINS CONSTRUCTION

Pasadena real estate development firm Community Builders Group has started construction on 180 affordable micro units at 280 N. Oakland Avenue in Pasadena. It’s slated for completion in spring 2023. The project is targeted to entry-level workers earning 30% to 60% of area median income and seeking modern, affordable housing near jobs and public transit. “Pasadena is our home base, and at this moment in time the housing crisis is evident and ...

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