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NMS Properties Breaks Ground On $63M Multifamily

CULVER CITY, CA-The 131-unit mixed-use project here is within walking distance of the new light rail station; 11% of the units will be for low-income residents.

By Carrie Rossenfeld | Updated on August 31, 2012

(Save the date: RealShare Apartments comes to the Westin Bonaventure, Los Angeles, October 24.)

CULVER CITY, CA-NMS Properties has begun construction on a 131-unit multifamily project here featuring restaurant and retail shops on the ground floor. The market-rate, mixed-use project, named NMS @ 9901 and costing an estimated $63 million to construct, will have 11% of its units reserved for low-income residents upon completion in spring of 2014, according to Jim Andersen, president of the firm.

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