(December 19, 2025 – Chicago, IL) –<\/b> Waterton<\/a>, a national real estate investor and operator, today announced it has acquired the Motif apartment community as part of its core investment strategy. Motif is a 395-unit rental community at 21021 Erwin St. in Woodland Hills, CA. The community is located in the Warner Center master planned community and less than five minutes south of a Waterton community acquired earlier this year, The Kitt at Warner Center. Waterton will rebrand the property as Sorrel at Warner Center.<\/p>\n “Motif stands out in a market where new development is limited,” said Kol Rath, VP, Acquisitions at Waterton. “The location in Warner Center provides convenient access to neighborhood amenities and employment nodes throughout the San Fernando Valley, and we look forward to updating the residences and common areas to a scope that will better compete with newer product in the area and enhance the resident experience.”<\/p>\n Built in 2015, the complex is well-suited for a light value add program across all residences. Renovation plans for residences – which offer one-, two- and three-bedroom configurations – include new quartz countertops, lighting and plumbing fixtures and general cosmetic updates. <\/p>\n Amenities at Motif include two resort-style pools; a spa; grilling stations; a bocce ball court; an indoor fitness space with free weights, yoga and spin rooms; an outdoor fitness center; a dog park; and covered parking. Common areas will be updated and modernized, and plans include new exterior paint, improved landscaping and upgraded building systems. <\/p>\n Situated in Warner Center, the location offers convenient access to employment nodes in and beyond the San Fernando Valley. The community is proximate to nearby amenities including Topanga Village and the Westfield Topanga mall. The 1.1 million-square-foot Warner Center Business Park, the 1.8 million-square-foot Warner Center Plaza office complex and Kaiser Permanente Hospital are also nearby. Also proximate to the community, the proposed 52-acre Rams Village at Warner Center is slated to include a mix of uses ranging from retail, dining and office spaces to indoor and outdoor entertainment venues, as well as the permanent headquarters and practice facility for the Los Angeles Rams. <\/p>\n ##<\/p>\n About Waterton:<\/b><\/p>\n Waterton is a real estate investment and property management company with a focus on U.S. multifamily and hospitality properties. Founded in 1995, Waterton executes value add, core and credit strategies and manages a national portfolio of properties on behalf of institutional investors, family offices and financial institutions. Waterton is privately held and is headquartered in Chicago with regional teams throughout the United States. As of June 30, 2025, Waterton’s portfolio includes approximately $9.5 billion in real estate assets. Visit Waterton’s website: www.waterton.com<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":" (December 19, 2025 – Chicago, IL) – Waterton, a national real estate investor and operator, today announced it has acquired the Motif apartment community as part of its core investment strategy. Motif is a 395-unit rental community at 21021 Erwin St. in Woodland Hills, CA. The community is located in the Warner Center master planned… <\/p>\n
{"id":164,"date":"2025-12-19T15:50:00","date_gmt":"2025-12-19T15:50:00","guid":{"rendered":"https:\/\/www.waterton.com\/blog\/2025\/12\/19\/waterton-acquires-395-unit-motif-residential-community-in-woodland-hills-ca\/"},"modified":"2025-12-19T15:50:00","modified_gmt":"2025-12-19T15:50:00","slug":"waterton-acquires-395-unit-motif-residential-community-in-woodland-hills-ca","status":"publish","type":"post","link":"https:\/\/www.waterton.com\/blog\/2025\/12\/19\/waterton-acquires-395-unit-motif-residential-community-in-woodland-hills-ca\/","title":{"rendered":"Waterton Acquires 395-unit Motif Residential Community in Woodland Hills, CA"},"content":{"rendered":"