Construction Financing

in

Los Angeles, CA

$110,000,000
Construction loan in Los Angeles
January 6, 2021
Overview

The $110 million construction loan will be used for the development of a 223,000 SF multi-structure asset in which 307 units will be built on a 7-acre site.

The construction financing environment presents several embedded challenges for the debt markets as these investments are typically associated with higher risk and fewer buckets of available capital.  To compound this, the transaction had additional challenges including substantial budgetary changes mid-construction, unique floor plans, a phased vertical approach, and the necessity for an expedited closing.

Execution Team
Aaron Prager
Director - Capital Markets
Direct.
Mobile.
Mobile.
Email.
(443) 207-2454
ap@levcapital.com
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Avi Zukerman
Director - Capital Markets
Direct.
Mobile.
Mobile.
Email.
(646) 552-7701
az@levcapital.com
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Justin Piasecki
Managing Partner
Direct.
Mobile.
Mobile.
Email.
(856) 325-9330
jp@levcapital.com
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