Professional Experience
Associated Office
Prior to joining CBRE, Ms. Chao worked for over seven years as an Executive Assistant to C-level executives in the Real Estate, Media and Beauty industries. Ms. Chao is a graduate of both the University of Toronto and Fashion Institute of Design and Merchandising.
Team Overview
Team Experience
With over 100 years of experience, Laurie Lustig-Bower and her team have handled over $12 billion in multifamily land and apartment buildings in the past 19 years alone.
Serving Multifamily Investors and Developers Throughout the Greater Los Angeles Area.
Laurie Lustig-Bower and Her Team Have Handled Over $12 Billion of Multifamily Properties.
With over 100 years of combined experience, Laurie Lustig-Bower and her team of eight superior professionals specialize in the sale of apartment buildings and land for multifamily and mixed-use development as well as condominium conversions. They have handled approximately $12 billion in multifamily properties in the past 19 years alone, by creating value through strategy, intellectual capital, and a unique, comprehensive 11-step marketing process. The team is committed to serving Los Angeles area multifamily investors and developers and is also licensed in the state of Hawaii. Ms. Lustig-Bower has been recognized as one of the top real estate brokers in the United States for three decades and has been involved in the sale of some of Los Angeles’ most iconic real estate. How can we help unlock the power and potential of your real estate?
Client Testimonials
Success Stories
(Former Robinsons May Property)
Size: ±8.0 Acres | Sold: $420,000,000 (2014)
(Former Robinsons May Property)
Size: ±8.0 Acres | Sold: $500,000,000 (2017)
±6.33 Acres, entire city block entitled for ±1.65 million SF
Awarded "Silver" Best Land Deal by the Los Angeles Business Journal, 2012
Sold: $145,000,000
Size: 244 Units
Sold: $83,950,000
Size: 150 Units
Sold: $48,640,000
Size: 100 Units
Sold: $32,300,000
Sold: $24,000,000
Size: ±3.19 Acres | Units: 318
Size: ±3.00 Acres
Units: 274
Sold: $40,000,000
Size: ±16,462 SF
In The News
Burnet Townhomes, a 43-unit multifamily complex in North Hills, has sold to a private investor for $16.3 million.
A local affordable housing developer beat out several potential buyers to purchase an apartment building that went up for sale in a rapidly gentrifying Santa Monica neighborhood.
L.A. has seen a flood of housing proposals taking advantage of a program allowing for larger projects near transit.
CBRE’s Laurie Lustig-Bower and Kadie Presley Wilson arranged the sale of a development site at the intersection of Santa Monica Blvd. and Federal Ave. in West Los Angeles to Jamison Properties for $16 million.
Downtown is home to 50% of all of L.A.’s new rental units since 2018.
- Bisnow
Fuller Theological Seminary Lists Pasadena Properties For Sale; Will Move to Pomona
June 4, 2018
Fuller Theological Seminary will put its 13-acre campus and 11 other properties up for sale in Pasadena to eliminate debt.
The Griffith, a 220-unit apartment building in Glendale, has sold for $118.5 million, records show.
- The Real Deal
Just built, just sold: CGI Strategies finds buyer for new Koreatown rental complex
November 4, 2019
CGI Strategies sells its 60-unit hotel-style Kodo apartment complex in Koreatown to Alhambra Place Partnership.
Kodo, a 60-unit property in Koreatown, sold for $29.25 million
- Commercial Observer
K-Town Rising: LA’s Densest Enclave Attracts More Demand For Multifamily Development
November 5, 2019
Multifamily development has been reshaping the most densely populated district in L.A. County
The 11-building property in Cerritos, Calif., traded for $324,000 per unit.
The property includes 150 units over 8.75 acres in the city of Cerritos.
- Bisnow
Numbers Show California's Opportunity Zones Investments In The State Are Down
October 31, 2019
City and state officials are frustrated by the lack of investments in the state's opportunity zones areas.
- RenTV
Recently Completed Res Project in L.A.’s Koreatown Sells for Almost $500k/Unit
November 5, 2019
Available Properties
Agoura Hills, CA
Thousand Oaks, CA
West Hollywood, CA
Beverly Hills, CA
Long Beach, CA
Los Angeles, CA
Pasadena, CA
Los Angeles, CA
In Escrow
Los Angeles, CA
SEC of S Las Vegas Blvd & Elvis Presley Blvd
Honolulu, HI
Learn more
Los Angeles, CA
Sold
Santa Monica, CA
Below Replacement Cost
±111% Rental Upside
Los Angeles, CA
Dev Site for 21 Luxury Units
Zoning Allows Up To ±45 Units
Los Angeles, CA
Woodland Hills, CA
Mixed-Use Dev Site
Up to 4.5:1 FAR
West Maui, HI
24 Entitled Lots to Build 48 SFH
Ocean and/or Mountain Views
Long Beach, CA
300+ Units & Retail
Downtown Arts District
Los Angeles, CA
NEC Sunset & Gardner
120+ Res Units & Retail
Los Angeles, CA
Up to 85 Units
TOC Tier 2
Honolulu, Hawaii
Fee Simple
Apts, Student or Senior Housing
Los Angeles, CA
Built in 2015
Within 2 Blocks of UCLA
Los Angeles, CA
Below Market In-Place Rents
Near Westfield Century City Mall
Los Angeles, CA
Mixed-Use Dev Site | TOC Tier 4
±419 Units | ±430,000 FAR SF
Los Angeles, CA
Adjacent Fourplex
Sold Together or Separately
Los Angeles, CA
Adjacent Duplex
Sold Together or Separately
Los Angeles, CA
TOC Tier 2
Residential Dev Site
Los Angeles, CA (DTLA)
Fully Entitled - 195 Units
100% Market-Rate
Los Angeles, CA
34-Unit Apt Bldg
Adjacent to UCLA
Woodland Hills, CA
±1.51 Acre Dev Site
Up to 4.5:1 FAR
Culver City, CA
±200 Residential Units
Commercial & Retail
Los Angeles, CA
Dev Site on Fraternity Row
Walking Distance to USC
Santa Monica, CA
Most Desirable Resi Location
Completely Rebuilt in 2017
Dev. Site for 12 Resi. Units Price: $2.5 Million
Pasadena, CA
Price: $19.3 Million
Koreatown
Price: $32.4 Million
Opp. Zone & TOC Tier 3
Price: $35 Million
Redondo Beach, CA
Redevelopment Opportunity
±51-Acre Site
Price: $155,000,000
±9.15 Acres
Price: Confidential
±170 Resi. Units
±10,000 SF of Retail
Price: Confidential
±8.75 Acres of Land
Price: $48.5 Million
Santa Monica, CA
Price: $13.6 Million
Price: $17,250,000
C2-2D-CPIO Zoned
Price: Confidential
Development Site for ±30 Luxury Condominium Units
Price: $27.5 Million
Price: $13,125,000
(Part of NoHo Portfolio)
(Part of NoHo Portfolio)
(Part of NoHo Portfolio)
Price: Confidential
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Lic. California 00979360, Lic. Hawaii RS-78458
Lic. California 01476551, Lic. Hawaii RS-78657
