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IMT Residential Announces Completion of Construction on 120 Unit Property – Encino, California

Encino, California. – July 2, 2010IMT Residential today announced that construction has been completed and lease-up is in progress for a breathtaking 120 unit housing community at 5501 Newcastle in Encino, CA.


IMT Encino, a brand new stylish apartment community, is ideally located in the heart of Encino within minutes of Ventura Boulevard giving residents immediate access to the best shopping, fine and casual dining, entertainment, and major employers the San Fernando Valley has to offer. This visually striking housing community fits a variety of housing needs with its expansive 1, 2 and 3 bedroom floor plans.


“We are proud of our newest addition to the IMT family. The superb location and striking design are sure to make it a highly successful addition to our continually expanding California portfolio,” said Joseph Elhabr, Vice President of IMT Residential. Each of the expansive 1, 2 and 3 bedroom floor plans are custom designed to provide both style and comfort and will include washers & dryers, fully equipped kitchens with granite countertops & custom maple cabinetry, wood-inspired flooring, individual security systems, and many more distinctive designer touches throughout every room. A high-tech fitness center, heated pool & spa with furnished deck area and built-in barbeques complete the prestigious environment.


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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