IMT Residential Celebrates the Grand Opening of Citrus Commons, a Landmark Development in Sherman Oaks

SHERMAN OAKS, CA. June 6, 2025

IMT Residential, a leading nationwide apartment operator and developer, proudly announces the grand opening of Citrus Commons, a luxury mixed-use apartment community located in the heart of Sherman Oaks, California.

With 249 luxury apartment homes, on-site retail, and the preserved iconic Brutalist architecture, Citrus Commons represents a unique milestone for IMT Residential. Unlike IMT’s strategic acquisitions across the country, Citrus Commons marks a distinctive chapter in the company’s history: it was envisioned, developed, and built by IMT Residential. Years in the making, this flagship community reflects IMT’s forward-thinking vision for residential living—pairing luxury, sustainability, and convenience in one of Los Angeles’ most dynamic neighborhoods.

“This development is deeply personal to our team,” said Joseph Elhabr, Vice President at IMT Residential. “From architecture and amenity design to the curated retail and community connection, every detail was carefully considered. Citrus Commons sets a new standard for luxury and lifestyle in Sherman Oaks, but it’s more than a place to live—it’s a symbol of the future of urban living, grounded in local history.”

Citrus Commons offers studio, one-, and two-bedroom apartment residences featuring fully-equipped kitchens with stainless steel appliances, designer finishes, natural materials, and sleek fixtures that blend comfort with sophistication. The community is LEED Gold and Fitwel certified, reflecting IMT’s commitment to sustainability. Residents enjoy a range of breathtaking community amenities including a Swimming Pool, Outdoor Entertainment Lounge, Peloton™ Studio, Collaboration Studio and Pet Spa—along with the ultimate convenience of an on-site Trader Joe’s and local café, Ministry of Coffee.

Just minutes from the Sherman Oaks Galleria, the 101 Freeway, and a host of parks and recreation areas, Citrus Commons offers residents unmatched access to all that Los Angeles has to offer—blending upscale design with authentic neighborhood connection.

With the debut of Citrus Commons, IMT Residential reinforces its commitment to investing in its communities, setting a new benchmark for development and design. For more information or leasing inquiries, visit CitrusCommons.com.

 

About IMT Residential

IMT Residential is a Los Angeles based privately held full-service operator of multi-family residential communities. The company currently manages over 18,000 residential units in 55+ communities in nine U.S. states.  Founded in 1992, IMT Residential has been recognized on the lists of Top 50 multifamily firms nationally by the National Multi-Housing Council (NMHC) and Multi-Family Executive Magazine and is also recognized by the United States Green Building Council for their LEED for Homes construction projects. Additional information on IMT Residential can be found at imtResidential.com.