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FOR IMMEDIATE RELEASE Contact:

Vincent Aviani/Heather Koopman

Macy + Associates Inc.

310.821.5300 or hkoopman@macyinc.com





MOSAIC LAUNCHES SALE OF HIGH-END APARTMENTS IN DOWNTOWN LOS

ANGELES



Lincoln Property Company Develops Union Station Adjacent Project





LOS ANGELES (August XX, 2006) – As a sign of the condo market cooling off, Mosaic, a new

apartment development adjacent to Union Station in downtown Los Angeles, just launched the

sale of 272 units. Mosaic enables residents to experience downtown without the commitment of

a down payment.



Mosaic is the answer for those looking to move to downtown Los Angeles without the

commitment of buying a home.



A joint venture between between Lincoln Property Company and Equity Residential (EQR),

Mosaic sets a new standard for the rental community. The pair of two apartment buildings

features 272 studios, one-and two-bedroom apartments with a variety (or 26?) of floor plans

ranging from 644 to 1,460 square feet. The units feature granite countertops, washer and dryer in

each unit, sleek contemporary cabinetry, large windows and stainless steel appliances, as well as

private balconies and floor-to-ceiling windows in select floor plans. Because of the historic

overlay of the building, expansive city views will remain unaffected.



The amenities are evocative of a stylish boutique hotel with a courtyard fountain, rooftop pool

and lounge with BBQ’s, state-of-the-art fitness center, clubroom, Internet Cafe with a coffee bar

and conference room.





The answer to living downtown without the down payment has arrived with the launch of

Mosaic. Since the development was originally designed as condos, residents can benefit from the

new architecture, landscaping, high-quality amenities and incredible unobstructed city views that

are on par with comparable for-sale products in downtown Los Angeles. Mosaic bridges the gap

between renting and owning.



Experience downtown living without having to make a sacrifice.



Situated in historic downtown Los Angeles, the neighborhood evokes a San Francisco feel with

the access to Olvera Street, Chinatown, Little Tokyo and City Hall. Residents can easily hop a

train at Union Station for a night out in Old Town Pasadena or a

Mosaic Launch

Page 2



Located next to Union Station, Mosaic offers residents the ability to hop on a train across the

California coastline. Mosaic offers a new living environment where residents can live, dine,

shop, play and enjoy a vibrant cultural community that is continuing to grow.









About Mosaic

Mosaic is a newly constructed, mid-rise apartment community strategically located in downtown

Los Angeles. Mosaic is a joint venture between Lincoln Property Company and Equity

Residential (EQR). Situated immediately adjacent to the historic Union Station, nearby to the

eclectic districts of Olvera Street, Chinatown, Little Tokyo, and within a few minutes of Staples

Center and the financial core, Mosaic is provides a cosmopolitan urban living experience akin to

San Francisco and Manhattan.





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