Mill Creek Begins Lease-up at Modera Glendale Apartments

Press Release

235 Luxury Apartment Homes to Add to One Of SoCal’s Most Popular Neighborhoods


GLENDALE, CALIF.– OCTOBER 29, 2015 – Mill Creek Residential, a leading multifamily investor and operator specializing in premier apartment communities across the U.S., today announced the start of leasing at Modera Glendale, its newest apartment community in the northern section of Los Angeles County.

The community, featuring 235 luxury apartment homes, is situated adjacent to the Ventura Freeway approximately 10 miles north of downtown Los Angeles. Modera Glendale features five stories of apartment homes, including fifth-floor penthouses that contain second-story mezzanines.

“We are extremely delighted to start leasing this remarkable community in one of the most relevant and booming markets in the nation – Southern California,” said Michael Genthe, Mill Creek Residential’s managing director for Southern California. “Modera Glendale is the first of many communities for us in the area, and it’s an incredible start. This architecturally beautiful community offers exclusive lifestyle enhancing amenities that this generation of renters desire but have probably never seen before and rests in an award-winning city with an array of live-work-play opportunities. We believe it will generate long-term sustainable value for our portfolio, the surrounding neighborhood and our investment partners.”

Glendale, named the Los Angeles neighborhood of the year in 2013 by Curbed.com, is situated at the eastern edge of the San Fernando Valley and flanked by the Verdugo Mountains. As part of the Tri-Cities area along with Burbank and Pasadena, Glendale is one of the key business hubs of the northern metro area. North Central Avenue is the major thoroughfare of the city and the gateway to the Glendale Central Business District.

While the Ventura Freeway provides access to thousands of professional jobs across the metropolitan area, the transit-friendly community sits in close proximity to a number of nearby job opportunities at places such as Disney’s Grand Central Creative Campus, Technicolor, Nestle USA, ACCO Engineered Systems and Adventist and Glendale Hills hospitals.

A host of local and national retailers are also nearby, including American at Brand and Glendale Galleria shopping malls, each less than two miles away. High-end retailers at the malls include Nordstrom, Macy’s, Tiffany’s and Apple Store. The vast nearby cuisine options include Porto’s Bakery & Café, BJ’s Restaurant & Brewhouse, Gauchos Village and Raffi’s Place.

Modera Glendale, located at the southeast corner of Central Avenue and Sanchez Drive, consists of studio, 1-, 2- and 3-bedroom apartment homes. The five levels of wood-framed apartments sit above two levels of parking (one below-grade). In creating a boutique hotel feel, the podium level includes a resort-inspired pool with cabanas on deck, a spa, outdoor fireplaces, barbecues and rooftop decks.

Indoor community amenities include an upscale high-ceiling lobby, leasing office, fitness center and lounge, multipurpose clubhouse, pet-washing station, bike parking and interactive notification package service. Residents also have access to Wi-Fi and an Internet Café. Two penthouse-floor observation decks offer dramatic views of the city and the Verdugo Mountains.

Interiors of the apartment homes are equipped with modernized features including quartz countertops, European cabinetry, stainless steel appliances, faux-wood flooring and full-sized washer and dryer. Select units contain penthouse lofts with floor to ceiling windows.