IMT, owner of IMT Sherman Oaks Project sells the IMT Sherman Village and Renames as the Ashton Sherman Oaks

The owner of the IMT Sherman Oaks Project sells another local property.

IMT Sherman Oaks Project Sells IMT Sherman Village

IMT Sherman Oaks Project owner sells neighboring Proerty Ashton Village

IMT sold 2 of it’s projects in the community to out of state investors.  This puts into serious question the sincerity of the company to be a good neighbor.  In their slick promotional video IMT talks about wanting to make “their” community a better place.  But by these actions it seems that their real end game is merely to develop as much as they can and profit as much as they can at any cost to the neighbors.  The unique Brutalist Architecture of the Sunkist Building is going to be completely obscured by the monolithic mass density of the proposed building which sits mere feet from the street.

SFVBJ reports on the transaction.

 

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