Company Overview
Over 20 Years of Development Experience
About Us
Trusted Experts At Your Service
Erna Enterprises, LLC has cultivated over 30 years of experience in the real estate development sector with a focus on multi-layered affordable housing financing, traditional financing and market rate multi-family properties with tenant subsidy overlays. In pursuit of clients’ targeted outcomes, Erna is uniquely able to evaluate and provide creative, intelligent solutions while attentively working within a company's existing framework. Erna has been a leader in the real estate development industry by skillfully addressing the logistical, compliance, and financial complexities of housing development with a focus on the following key areas: securing development partners, site acquisitions, securing financing throughout the development process, ensuring regulatory compliance, evaluation of supportive service partners, and asset management for non-profits and private developers. We directly evaluate and formulate efficacious, strategic property plans for owners in order to improve and streamline overall operations and positively affect cash flow.
Not only does Erna engage in real estate development, but Erna serves as a comprehensive affordable housing asset management and compliance solutions company. With a focus on multi-layer affordable housing financing for the City and County of Los Angeles, Erna is uniquely able to evaluate and work within each organization’s existing framework for long-term solutions.
Since 2010, Erna has been involved in the Affordable Housing by ensuring regulatory compliance for the Bond, Land Use, Major Projects, City of Industry, HCD, CRA, HOME, Tax Credit Compliance and Housing Quality Standards for non-profits and private developers. In addition, we are directly engaged in housing development, asset management, and property management by evaluating and developing property plans for the owners, which improves operations, thereby positively affecting cash flow in addition to providing a path to compliance with local, state, and federal agencies.
From land acquisition to handing the keys to the owner, Erna will orchestrate the real state development process in its entirety with a pragmatic emphasis on cost-effectiveness, meticulous regulation compliance, foresight, and optimal operations efficiency with the ultimate goal of long-term, sustainable viability. As the Owner Representative, Erna oversees all aspects of the development process including construction, construction quality, and soft cost draws. We bring our acumen, years of combined experience, dedication, and uncommon vision to each project, and we customize our approach to fit each client’s singular needs.
