Although Los Angeles' economy is still struggling to regain what was lost during the recession, the city's real estate market has been on a sharp upward trend over the past year. With housing prices climbing, developers are beginning to think "condo," rather than "rental." One example comes from Wiseman Development, in the form of a 4-story, 25-unit condo building at 7260 Hawthorn Avenue in Hollywood. Documents submitted to the Department of City Planning indicate that locally based Killefer Flammang Architects are responsible for the project's design. This would be the third Hollywood project designed by KFA, joining the proposed Hotel Selma and the Highland Selma Venture.