HISTORY – OUR STORY
In 1950, David V. Karney, the founder of Karney Properties, relocated to Los Angeles from the East Coast, where he had earned an M.B.A. degree from Boston University. He began seeking investment opportunities in the region’s growing real estate market.
In 1952, he founded Karney Properties. With the backing of several private investors, he acquired and began operating apartment buildings in Hollywood. Several years later, he sold those properties and shifted his focus to developing office, commercial and retail properties.