Other Multifamily News

Beverly Hills, Calif. – KW Commercial’s The Soroudi Team, who is based out of the firm’s Beverly Hills office on Canon Drive, has been exclusively assigned to market a 1.04-acre development site located at 17250 Sunset Boulevard in Pacific Palisades. The site was formerly a 64,344-square-foot (sf) 75-unit apartment property built in 1972 that was tragically burned in the January 2025 wildfires. Currently, the land has been cleared and is ready for an investor to rebuild. The new development will allow for 75 luxury units and a slightly larger building size of up to 70,778 sf. It is being offered at $19.995 million.

LOS ANGELES, CA – Priority Capital Advisory (PCA) announces today it has arranged a $22.8 million cash-out bridge loan for a newly developed 63-unit residential condominium project located at 904 to 906 S. New Hampshire Avenue in the Koreatown neighborhood of Los Angeles. 

Los Angeles, CA – PCCP has provided a $110 million senior loan to refinance Stanza Little Italy, a Class A, 270-unit, 22-story multifamily community located at 310 A Street in Downtown San Diego, CA. 

Beverly Hills, Calif. – KW Commercial’s The Soroudi Team, who is based out of the firm’s Beverly Hills office on Canon Drive, is pleased to announce it has been exclusively assigned to market a rare luxury multifamily property located at 303 N Swall Drive in Beverly Hills. The 24-unit property totals 40,928 square feet and features four stories of apartments with a fifth story penthouse. The property is being offered for $18.45 million.

Fund will invest in multifamily properties across the continental United States

In celebration of Earth Day

In celebration of Earth Day, 11 members of the Lawson team, including Chairman Steve Lawson and President/CEO Carl Hardee, participated in the company’s 4th annual river cleanup at The Retreat at Harbor Pointe on the Elizabeth River. This environmental effort was in conjunction with the Elizabeth River Project and Keep Norfolk Beautiful. 

Mesa West Capital has provided Austin-based developer LV Collective (“LV”) with $133.9 million in short-term, first mortgage debt to refinance Rambler Athens, a newly constructed 750-bed student housing complex adjacent to the University of Georgia, in Athens, GA. The four-year loan refinances the construction loan on the property, which was completed in August 2024 before the start of the 2024/2025 academic year. 

Rambler Athens leverages a combination of a best-in-class amenity package, elevated finishes, and its strategic location adjacent to campus. The amenities at the design-forward community include a resort-style pool and hot tub, sun deck with jumbotron, fitness center, saunas, collaborative workspaces and study rooms, and a secured access parking garage. The ground floor also includes Daydreamer Coffee, a trendy café that enhances the property's community-focused atmosphere. 

The property has robust preleasing momentum for the 2025/2026 academic year with LV capitalizing on the strong student housing market at the University of Georgia and delivering a best-in-class product, according to Mesa West Executive Director Brian Hirsh who led the origination team out of the private lender’s Chicago office, alongside Executive Director Russell Frahm in New York and Associate Jonah Sacks in Chicago. 

“We continue to see a growing market opportunity in the student sector, driven by strengthening fundamentals. The University of Georgia has experienced healthy enrollment trends with a notable increase in applications in recent years,” said Hirsh. “LV delivers some of the most well-designed, highest quality product nationally and Rambler Athens showcases that.” 

The financing was arranged by Harrison Reid of TSB Capital Advisors. 

Los Angeles, CA – Archway Capital LLC, a Los Angeles-based alternative investment manager focused on real estate debt investments, has announced the launch of the second vintage of its Opportunity Fund strategy. Archway Opportunity Fund II is targeting a $100 million capital raise through the end of 2026. The strategy will focus on a broad investment mandate, allowing the fund to capitalize on debt investments including senior and junior loans, preferred equity investments, and distressed opportunities/special situations. 

Center Park Group, a leading general contractor and home builder specializing in innovative multifamily and build-to-rent (BTR) communities across the Southeast, proudly announces the timely completion of the first three buildings at Avery Square. This marks a significant milestone in delivering all 36 luxury townhomes by April. As Phase II of the successful Avery Place development, which introduced 58 townhomes in 2024, Avery Square continues the commitment to high-quality, low-maintenance rental housing.

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