CLG Lands $25M Refi for West LA Asset
Developer California Landmark Group has secured a $25.4 million refinancing loan for SW by CLG, an 88-unit community in Los Angeles.
Source: multihousingnews.com
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State Farm Insurance Provides $25M Takeout Loan on West LA Apartment
Financing will retire construction debt California Landmark Group accumulated on developing The SW by CLB in West LA
Source: commercialobserver.com
Hard Rock Hotel Planned for Long Beach Gets Loan - Los Angeles Business Journal
The first new build, full-service hotel coming to Long Beach in decades has secured $8.75 million of land acquisition financing.
Source: labusinessjournal.com
MHN Asks: Can Self Storage Borrowers Make a Deal?
A conversation with Gantry's Andy Bratt on the financing outlook for the sector.
Source: multihousingnews.com
The Math on New Self-Storage Deals Has Changed
Flat rent growth in recent months and a higher cost of capital have made even well-capitalized players more cautious.
Source: wealthmanagement.com