relationship

CCUSD — Brookwood / Rivercrest Real Estate and Housing Study

2022-11-08 2022-2024 Study documented; later referenced by City Council in 2025
At a glance

Culver City Unified School District selected Brookwood for a real-estate holdings study after comparing Brookwood and Cordoba. Current Rivercrest Partners materials, under the firm's later name, describe the resulting Culver City USD analysis as a review of 13 district sites with development scenarios ranging from 35 to 200 residential units across sites and a broader strategy for revenue generation and educational-facility consolidation.

Direct school-district real estate advisory relationship CCUSD archived meeting transcripts plus current Rivercrest project documentation
What the record shows

Key facts

Amount
$480,000 board-approved contract
Financial context
CCUSD staff described the Board-approved November 2022 Brookwood contract as $480,000 at the May 9, 2023 Board meeting; the study evaluated district property for revenue-generating uses. No project financing or developer selection is established by these sources.
Documented amounts
$480,000 board-approved contract · $180,000 open purchase order discussed May 9, 2023
Attribution Caution
Archived auto-transcript does not reliably label every board speaker or individual vote.
Evidence

Sources

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Context note

The November 8, 2022 CCUSD archived auto-transcript records Superintendent Quoc Tran recommending Brookwood after comparing Brookwood and Cordoba and records board approval of an agreement with 'Brookwood advisors.' At the May 9, 2023 Board meeting, district staff described that prior contract as $480,000 and clarified that a $180,000 open purchase order was funds set aside under the same contract rather than a single $180,000 payment. The November transcript also records board-level discussion in favor of exploring district property for revenue-producing uses and possible housing, but its automatic speaker labels are not reliable enough to attribute every pro-Brookwood statement or the exact individual vote to Kelly Kent or Paula Amezola. This canonical record therefore does not characterize either trustee as the initiator of the proposal without clearer official minutes. Rivercrest's current page says the analysis reviewed 13 sites and produced scenarios from 35 to 200 residential units across various sites, including the District Office, corporation yard facilities, and portions of the high school and intermediate school campuses. No direct relationship between Faring/Standard-Faring and this CCUSD study was found in the reviewed sources.