IMT Residential Announces Addition of 55 Unit Community to California Portfolio – Valley Village, California

Valley Village, California. –October 27, 2008– IMT today announced the opening of a new apartment community at 4950 Laurel Canyon. This 55 unit collection of elegant home style furthers IMT’s efforts to expand their California portfolio.


IMT’s newest housing community is a stunning example of elegant, high quality housing in the San Fernando Valley. The Laurel Canyon location makes it easy for residents to enjoy the nightlife offered along Ventura Blvd, with many trendy boutiques, fine dining and excellent entertainment opportunities just minutes away. The thoughtfully designed floor plans, quality craftsmanship and a wealth of distinctive finishes offer residents a unique housing experience which is both stylized and inviting.


“The Valley Village property is a significant addition to our California portfolio of properties. We have a strong presence here, and our residents have many options to choose from with a variety of communities in this area” said Joseph Elhabr, Vice President of IMT Residential.


The housing community located at 4950 Laurel Canyon has a long list of features and amenities intended to make residents feel like they are living in a custom designed home. The units have designer doors, moldings and baseboards, custom flooring, mirrored closets and two toned designer paint. The designers of the building filled it with many community amenities to create an environment of relaxation and leisure, including professionally landscaped grounds, beautiful courtyard fountains, and an amazing roof top sundeck.


About IMT Residential

IMT Residential is a Sherman Oaks, California based privately held full-service operator of multi-family residential properties. The company currently manages over 16,000 residential units and 60 properties in five U.S. states. Founded in 1992, IMT Residential has been recognized on the lists of Top 50 multifamily firms nationally by the National Multi-Housing Council (NMHC) and Multi-Family Executive Magazine.


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