Volta on Pine – Historical Transaction Experience
Volta on Pine is a Class-A, luxury multifamily community located in the heart of Downtown Long Beach. Rising eight stories with 271 modern apartment homes, Volta features a contemporary architectural design, premium interior finishes, and an amenity package competitive with top coastal developments in Southern California.
Key property highlights include:
• High-end interiors with quartz countertops, designer cabinetry, and stainless-steel appliances
• Floor-to-ceiling windows in select units
• Expansive amenity deck with swimming pool, spa, and outdoor lounge spaces
• Modern clubhouse, coworking spaces, and a state-of-the-art fitness center
• Ground-floor retail activating the pedestrian environment
• Walkability to restaurants, transit, beach access, and the Long Beach employment corridor
Recognized as one of the premier residential communities in the Downtown Long Beach market, Volta on Pine delivers a sophisticated urban living experience that appeals to professionals seeking elevated design, convenience, and amenities.
Steve K. Wasserman’s Role in the Acquisition
During his tenure as a General Partner at Gelt Inc., Steve K. Wasserman played a key role in the acquisition, due diligence, and capital-markets execution for Volta on Pine. His contributions included:
• Structuring the acquisition of the $156 million asset
• Providing legal oversight and comprehensive transaction risk analysis
• Leading components of capital formation, negotiation, and strategic financing
• Overseeing the closing process to ensure regulatory and contractual compliance
• Supporting the joint-venture structure between Gelt Inc. and institutional capital partners
Mr. Wasserman’s background as an experienced transactional attorney and investment principal contributed to the successful acquisition and positioned Volta on Pine for strong long-term performance.
Importance of This Property in Track Record
Volta on Pine exemplifies the type of high-quality, institutionally worthy multifamily investment that Steve K. Wasserman has participated in acquiring. Key characteristics that elevate its significance include:
• Class-A construction with premium finishes and architectural quality
• Robust amenity offering consistent with top-tier urban assets
• Strategic location in a growing coastal city with strong demand fundamentals
• Long-term durability supported by diverse employment drivers and urban revitalization
The property reflects the sophistication, scale, and investment discipline associated with Mr. Wasserman’s historical transaction experience.
Disclosure
WSW Properties does not own, manage, operate, or hold any financial interest in Volta on Pine. This property is presented solely to illustrate the historical experience and prior acquisition involvement of Steve K. Wasserman, Founder and Managing Partner of WSW Properties.