Mezzanine & Preferred Equity

in

Los Angeles, CA

$18,000,000
Preferred equity in Los Angeles, CA
January 6, 2021
Overview

The $18 million preferred equity investment will be used to convert a traditional multi-family asset in Los Angeles, CA into smaller, more efficient micro units.

The preferred equity investment was structured as a two-year note that provided the Sponsor with capital to completed the business plan and increase the assets’ value potential.

Other Transactions