Rendering vs. Reality: Kaia South Bay apartments at 24000 Crenshaw Boulevard

In Lomita, construction is complete for Kaia South Bay, a large multifamily residential complex from a Newport Beach-based real estate investment firm which replaced an equipment storage yard.

Located on an L-shaped property at 24000 S. Crenshaw Boulevard, the project consists of a five-story building five-story featuring 220 studio, one-, and two-bedroom apartments above two levels of subterranean parking.

According to a leasing website, the apartments range from 553 to 1,461 square feet in size, with monthly rents starting at $2,836 and running as high as $5,262.

TCA Architects is designing the apartment complex, previously known as Picerne Lomita, which is a podium-type structure with frontage on both Crenshaw and Lomita Avenue. On-site amenities include a courtyard swimming pool, a club room, and a fitness center.

Read the full article here.

Elevate Your Everyday at blu Laguna Niguel

Featuring panoramic views of Southern California and world-class amenities, blu Laguna Niguel is an ideal community for Laguna Niguel.

Newport Beach, CA – February 1, 2020 –The Picerne Group is honored to open blu Laguna Niguel, a 233-unit world-class community featuring resort-like amenities and premium studio, one- and two-bedroom signature and suite residences.

blu Laguna Niguel is part of the area’s half a billion-dollar investment in Laguna Niguel’s Gateway, which provides residents direct access to Laguna Niguel’s Metrolink Station, community trails and centralized commercial establishments. Minutes from the best beaches of Dana Point and Laguna Beach, blu Laguna Niguel allows residents to quickly enjoy the Southern California lifestyle while having convenient access to the 5 and 73 Freeways.

Every amenity of blu Laguna Niguel has been uniquely tailored for its residents including:Elevated recreational pool and spa with poolside cabanas and social spaces
Surfery featuring outdoor recreational equipment, including surfboards for resident use
Community park and tranquil courtyard areas with al fresco dining areas
Sky deck and outdoor kitchen with panoramic mountain views
Fitness park and boutique class studio
Club room and indoor lounge with pool table and arcade gaming areas
Pet friendly areas, including pet spa and dog park
Private workspaces and study pods
Fitness classes and specialty events

“We are proud to offer an unparalleled experience for our Laguna Niguel residents. Our residences and amenity spaces are designed for residents to enjoy sweeping panoramic views Southern California, including Santiago Peak.” shared Yunmi Martin, President of Picerne Residential. “From a centralized elevated pool deck to our signature residences with world-class finishes, every amenity space and residence was precisely designed to provide enjoyment to residents.”

About Picerne Residential
Picerne Residential is an entity of The Picerne Group. Founded in 1988 by Kenneth Picerne, The Picerne Group focuses on distressed debt investment, apartment acquisition, land acquisition, entitlement and apartment development. For more information, please visit picernegroup.com.

Media Contact
For more information, please contact Sean Tiner, Director of Marketing, email: marketing@picerneresidential.com.

The Picerne Group Gives Back For The Holiday Season

The corporate office collects hundreds of holiday toys for underprivileged children.

Newport Beach, CA – December 23, 2019 – This holiday season, The Picerne Group partnered with Orangewood Children and Family Center to collect new toys for children in need. Orangewood Children and Family Center is a 24-hour emergency shelter care facility in Orange County.

From the month of December, The Picerne Group employees granted Winter Wishes and donated toys for children and teens ranging from 6 months to 18 years old. Over 200 toys and clothes were collected for Orangewood Children during the drive.

“We are proud of our diverse community. It’s our honor and inspiration to see our employees give back to their communities and provide holiday cheer for underserved youth.” shared Yunmi Martin, Executive Vice President of Operations.

Since 2004, The Picerne Group has invested over $11 million in support of charitable programs and initiatives, including the Musical Visions Program, Global Sustainability Project, Artist Outreach Program and Giving Back Program that benefit the communities where our residents live, work and call home.

For more information on The Picerne Group’s charitable initiatives, please visit www.picernefoundation.org.

About The Picerne Group
Founded in 1988 by Kenneth Picerne, The Picerne Group focuses on distressed debt investment, apartment acquisition, land acquisition, entitlement and apartment development. For more information, please visit picernegroup.com.

About Orangewood Children and Family Center
Orangewood Children and Family Center (OCFC) is a 24-hour emergency shelter care facility, operated and owned by the County of Orange Social Services Agency. For more information, please visit: https://ssa.ocgov.com/ssa_volunteer/orangewood.

Media Contact
For more information, please contact Sean Tiner, Director of Marketing, email: marketing@picerneresidential .com.

One Uptown Newport, Newport Beach’s First Uptown Community Opens

Featuring a sophisticated blend of modern design and unique attention to detail, One Uptown Newport creates a premium living experience for Uptown Newport’s first community.

Newport Beach, CA – July 2, 2019 –The Picerne Group in collaboration with Shopoff Realty Investments are excited to open One Uptown Newport, a 455-unit luxurious multifamily community featuring studio, 1-bedroom, 2-bedroom, and penthouse residences.

Uptown Newport is a 25-acre mixed-used developed in Newport Beach on the northside of Jamboree Road at Fairchild. Emerging from one of the most coveted locations in Southern California, One Uptown Newport is the first Uptown Newport community and a magnet for those seeking a connected, healthy lifestyle amidst the finest urban coast experiences.

“We raised the bar for a luxury development community.” shared Yunmi Martin, Executive Vice President of Operations. “From three distinct residence collections to expansive amenity spaces, every inch of One Uptown Newport was meticulously planned to provide the best experience possible for our residents.”

One Uptown Newport features several well-appointed amenities, including:

Junior Olympic-size lap pool, social pool and spa
Spacious one-acre community park
Central community paseo with direct access to the elevator pool decks
Outdoor lounge areas, alfresco kitchens, cabanas, and firepits
24-hour fitness center with 4,000+ square feet of indoor-outdoor athletic facilities
4,000+ square foot club room with full-service kitchen, patio dining and lounging areas
Sky deck with views of the nature reserve
Whiskey and coffee bar with social and collaborative workspaces
Virtual golf simulator
24-hour parcel locker system with EV charging stations
Private garages and resident storage areas

In addition, One Uptown Newport residents can enjoy access to Club One, an unparalleled lifestyle experience featuring a dedicated, on-site concierge and lifestyle experiences tailored around convenience, health and wellness, and socializing.

“We are excited to be part of the Newport Beach and continue to give back to our community,” said Mrs. Martin. In addition to enjoying hotel-style services, One Uptown Newport’s residents can relax in the comfort of their living spaces that feature upscale interiors including:

Waterfall islands and wine fridges
Hand tiled showers with separate tubs
Two-town kitchen cabinetry
Custom closets
Soft close kitchen drawers
Smart home features
Stainless steel appliances with gas range

Just a five-minute drive from John Wayne Airport and a 10-20-minute drive to some of Southern California’s most beautiful beaches, One Uptown Newport is where world-class shopping and dining meet sun-kissed beaches and a laid-back social scene.

For more information on One Uptown Newport, please visit oneuptownewport.com.

Media Contact
For more information, please contact Sean Tiner, Director of Marketing, email: marketing@picerneresidential .com.

Giving Back Program Benefits Los Angeles County Fire Department

The Picerne Family Foundation donates 2 thermal imaging cameras to Fire Station 30.

Newport Beach, CA – June 5, 2019 –The Picerne Family Foundation’s Giving Back Program recently donated two thermal imaging cameras to Los Angeles County Fire Department’s Fire Station 30 in Cerritos, CA. These state-of-the-art devices help firefighters see through smoke, which increases the chances of identifying trapped victims, locating missing persons and recognizing electrical hotspots. The high-tech cameras can also be used to determine the liquid level of containers in hazmat incidents.

“We are honored to provide lifesaving resources to help make our local community a safe place to live and work. Collaborating with Fire Station 30, we identified that Cerritos and the public could immensely benefit from these new thermal imaging cameras” shared Victor Nelson, Executive Director of The Picerne Family Foundation. “We continue to listen to the needs of the community and provide resources that enhance the quality of life for everyone in Cerritos.”

Since 2004, Picerne Residential has invested over $11 million in support of charitable programs and initiatives, including the Educational Visions Program, Global Sustainability Project, Artist Outreach Project and Giving Back Program that benefit the communities where our residents live, work and call home.

For more information on The Giving Back Program, please visit www.picernefoundation.org.

About Picerne Residential
Picerne Residential is an entity of The Picerne Group. Founded in 1988 by Kenneth Picerne, The Picerne Group focuses on distressed debt investment, apartment acquisition, land acquisition, entitlement and apartment development. For more information, please visit www.picernegroup.com.

Media Contact
For more information, please contact Sean Tiner, Director of Marketing, email: marketing@picerneresidential.com.

Giving Back Program Benefits LA County Sheriff’s Department

The Picerne Family Foundation donated 9 tactical entry vests to the Cerritos Station’s Special Assignment Team.

Newport Beach, CA – January 15, 2019 –The Picerne Family Foundation’s Giving Back Program recently donated nine tactical entry vests to the LA County Sheriff’s Department in Cerritos, CA. These vests are being utilized by Cerritos Station’s Special Assignment Team deputies during search warrant operations.

“We are extremely proud to provide resources to communities where our residents reside. It is rewarding to support the LA County Sheriff’s Department to help make Cerritos and the local area safer” shared Victor Nelson, Executive Director of The Picerne Family Foundation. “We continue to assess the needs of local communities and provide resources through our Giving Back Program.”

Since 2004, Picerne Residential has invested over $11 million in support of charitable programs and initiatives, including the Musical Visions Program, Global Sustainability Project, Artist Outreach Program and Giving Back Program that benefit the communities where our residents live, work and call home.

For more information on The Giving Back Program, please visit www.picernefoundation.org.

Media Contact
For more information, please contact Sean Tiner, Director of Marketing, email: marketing@picerneresidential.com.

The Picerne Group Announces New Corporate Office and Addition of Senior Executive Team

The Picerne Group, a premier real estate investment firm, signed a multi-year lease to establish a 16,000-square foot corporate headquarters at 5000 Birch, a Class A office property in Newport Beach, CA. The Picerne Group is also pleased to announce the promotion of Derek Picerne to Senior Vice President of Development and recent hires.

“We are excited to have these talented executives with The Picerne Group. Everyone brings a superior level of talent and expertise to our company as we continue our investment endeavors” shared Kenneth Picerne, Chairman.

Len Moreau has over 30 years of real estate construction experience and has held various senior leadership roles in his career, including Vice Present of Construction for The Irvine Company. Most recently, Len was Vice President of Design & Construction for JDA West.

About The Picerne Group
Founded in 1988 by Ken Picerne, The Picerne Group focuses on distressed debt investment, apartment acquisition, land acquisition, entitlement and apartment development. For more information, please visit picernegroup.com.

Media Contact
For more information, please contact Sean Tiner, Director of Marketing, email: marketing@picernegroup.com or visit The Picerne Group website at picernegroup.com.

The Picerne Group Makes a Difference with Orange Home Grown

Corporate office volunteers with Orange, CA charity.

Newport Beach, CA – July 26, 2018 – The Picerne Group spent a day volunteering with Orange Home Grown at Hart Park in Orange, CA. The corporate staff improved the park’s irrigation channels, pruned trees and picked oranges for afterschool food programs.

“We are grateful to partner with Orange Home Grown and support local charities that improve the wellbeing of the community where our residents work and live,” said Mr. Picerne, chairman.

Since 2017, The Picerne Group has supported Orange Home Grown through The Picerne Family Foundation and its Giving Back Program. Orange Home Grown is a 501 (c) 3 nonprofit organization dedicated to cultivating community and offering resources around healthy and sustainable food system.

About The Picerne Group
Founded in 1988 by Kenneth Picerne, The Picerne Group focuses on distressed debt investment, apartment acquisition, land acquisition, entitlement and apartment development. Since 2004, The Picerne Group has invested over $11 million in support of charitable programs and initiatives, including the Giving Back Program, Musical Visions Program, Global Sustainability Project and Artist Outreach Program. For more information, please visit www.picernegroup.com.

Media Contact
For more information, please contact Sean Tiner, Director of Marketing, email: marketing@picernegroup.com.

Picerne Residential Holds a Special Ribbon Cutting to Unveil Eleven10

Community celebrates the opening of Eleven10 Apartment Homes in the City of Orange.

Newport Beach, CA – July 2, 2018 – Picerne Residential unveiled its new 260-unit luxurious community in Orange, CA with an official ribbon cutting on June 26, 2018. Chairman Kenneth Picerne of The Picerne Group, parent company of Picerne Residential, did the ribbon cutting honors. Guests were treated to a property tour, reception and appetizers.

“We are extremely proud to open Eleven10 Apartment Homes and be a community partner to the City of Orange through our Giving Back Program. We are thankful to everyone who contributed to the development of this property and look forward to a continued long-term partnership with the City of Orange and our residents,” said Mr. Picerne.

The celebratory ribbon cutting event featured over 50 attendees, including members from the Orange City Council, Chamber of Orange, St. Joseph Health, key development contributors, community politicians, local partners and Eleven10 residents.

Conveniently located one-block from Westfield MainPlace Mall, St. Joseph Hospital Orange and Children’s Hospital of Orange County and near the 22, 57 and 5 freeways, Eleven10 is an ideal community for Southern California.

Eleven10 Apartment Homes features studio, 1-bedroom and 2-bedroom luxury residences. The property has several incredible amenities, including an expansive resort-style pool surrounded by an extensive outdoor courtyard, 24-hour fitness center with an outdoor athletic terrace and impressive club room with luxurious social spaces.

For more information on Eleven10 Apartment Homes, please visit www.liveeleven10.com.

About Picerne Residential
Picerne Residential is a subsidiary of The Picerne Group. Founded in 1988 by Kenneth Picerne, The Picerne Group focuses on distressed debt investment, apartment acquisition, land acquisition, entitlement and apartment development. For more information, please visit www.picernegroup.com.

Media Contact
For more information, please contact Sean Tiner, Director of Marketing, email : marketing@picerneresidential.com.

ELEVEN10, Orange’s Premier Luxury Apartment Community Opens

Featuring boutique hotel-style concierge services, premier resident events and over 7,000 square feet of cutting-edge social, active and stimulating amenities, Eleven10 creates a premium living experience.

Newport Beach, CA – April 27, 2018 –The Picerne Group in collaboration with Rockwood Capital and The Muller company are excited to open Eleven10 Apartment Homes, a 260-unit luxurious multifamily community featuring studio, 1-bedroom and 2-bedroom residences.

The 2.76-acre community located in the heart of Orange, CA features several incredible amenities, including an expansive resort-style pool surrounded by an extensive outdoor courtyard, 24-hour fitness center and outdoor athletic terrace and impressive club room with luxurious social spaces.

“Every space was meticulously designed to provide a premium resident experience.” shared Derek Picerne, Senior Vice President of Development. “From signature finishes in the residences to deluxe common spaces, every detail of craftsmanship was expertly planned to create Eleven10’s impressive community.”

Eleven10 features several cutting-edge amenities, including:

Expansive resort-style, heated pool surrounded by an extensive outdoor courtyard, complete with a serene spa, poolside cabanas, BBQ’s, fire pits and game areas.
Impressive club room with luxurious social spaces, relaxing lounge, billiards table, HDTVs, complimentary Wi-Fi and 24-hour gourmet coffee bar.
Spacious 24-hour fitness center and outdoor athletic terrace with state-of-the-art weight training and cardio equipment.
Executive conference room for resident meetings and events.
Business lounge with onsite printing and complimentary technology workstations.
Pet friendly amenities, including pet spa and dog park.
HUB by Amazon parcel locker system.
Resident bike storage and repair station.
Dedicated Uber/Lyft pickup lounge.

In addition to its premium amenities, Eleven10 will feature boutique concierge services, monthly resident events and offer special partnerships with local entertainment, including the Anaheim Ducks and Los Angeles Angels.

“We want to raise the bar and bring a superior level of convenience and comfort to our residences,” said Mr. Picerne. In addition to enjoying hotel-style services, Eleven10’s residents can relax in the comfort of their living spaces that feature upscale interiors including:

Signature finishes in select residences, including high ceilings, kitchen islands, wet island, glass upper cabinets, tech workspaces, wine refrigerators and custom entry-way casework.
Open-concept gourmet kitchens with quartz countertops, stainless steel appliances, decorative lighting and gas ranges.
Spacious bedrooms that accommodate king-size beds with plush carpeting.
Blackout shades for a peaceful night’s sleep.
Luxury bathrooms with custom-framed mirrors and oversized soaking tubs.
Washer and dryer in every residence
Private balconies and walk-in closets in most residences.

For more information on Eleven10 Apartment Homes, please visit www.liveeleven10.com.

Media Contact
For more information, please contact Sean Tiner, Director of Marketing, email : marketing@picerneresidential.com.