Caruso, formerly Caruso Affiliated Holdings, LLC, is one of the largest, privately held real estate companies in the United States. It was founded by Rick J. Caruso in 1987. It includes a portfolio of retail and mixed-use properties in Southern California, including Los Angeles, Glendale, Calabasas, Marina Del Rey, Encino and Thousand Oaks.
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History
Caruso was founded in 1987 by Rick J. Caruso, the company's Chief Executive Officer.
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Assets
The company provides real estate development services in southern California. Its portfolio includes shopping, entertainment, and residential developments. The company also develops parks, promenades, fountains, and plazas integrated with a retail environment; mixed-use developments that feature a blend of shopping, dining, and entertainment with residential living; shopping centers; outdoor retail and dining destinations that feature a host of quaint shops and restaurants; and lifestyle centers that offer casual living, dining, and shopping features.
Caruso develops, owns and manages properties such as The Grove at Farmers Market in Los Angeles, the Americana at Brand in Glendale, CA, The Commons at Calabasas, The Promenade at Westlake, and the Waterside Marina Del Rey. In November 2012, Caruso opened a new luxury, mixed-use residential and commercial property called 8500 Burton Way.
Caruso's other developments include:
- Encino Marketplace
- Village at Moorpark
- The Lakes at Thousand Oaks
Its assets draw tens of millions of visitors each year.
Awards
Caruso properties have won awards for design and development, including the 1997 Golden Nugget Grand Award for the Promenade at Westlake, in the Best Commercial Project for Retail category; the Urban Land Institute's Award for Excellence for The Commons at Calabasas in 1999 and The Grove at Farmers Market in 2003; and ICSC's Gold Award in the 2009 United States Design and Development Award Competition for The Americana at Brand.
Source of the article : Wikipedia
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