News on Burbank lofts too!

And if the news that Americana at Brand in Glendale is almost sold out didn't rock your world, brace yourself: the Burbank Collection is almost sold out too! Only 13 units are left for sale in downtown Burbank's new loft building, and they're going at close-out prices.

More news about the Burbank Collection

The Burbank Collection, the newer loft-condo development in downtown Burbank, is now offering a $15,000 credit that is no longer sale-date dependent (see post below).  At least at this point.  However, Burbank, California, a local blog (see my blogroll), has a few troubling posts about financing for this development.  I don't quite know what's happening as I'm not up to date on the backstory, but stay tuned for news on this.  In the meantime, immediate closings are available at Burbank Collection and the $15k will just about cover any buyer's closing costs.  Did I mention that prices start at $319,000? That's about half of what they started at when the building was newly completed.

The Burbank Collection is doing a big promotion

The Burbank Collection is the mega condo loft project in downtown Burbank, right across from the AMC theaters and above Barney's Beanery.  The sellers are running a promotion which involves a $15,000 rebate and they are cooperating with brokers again -- meaning that they will pay us commissions if we bring a buyer.  (The sellers didn't cooperate for a long time.  Then they did.  Then they didn't.  Not unusual for a new building that's cutting prices in order to sell 100% of the units.) If you're interested in living in downtown Burbank, please contact me.
Update: the Collection is offering a $15,000 credit, not a rebate.  And it's only good for sales on Saturday, August 21.