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4301 South Vermont Avenue

Updated Oct 12, 2026

Warren De Haan Of ACORE Capital Provides $34.8M Construction Loan For 4301 Vermont Avenue
FINANCEDDevelopment Site

Warren De Haan Of ACORE Capital Provides $34.8M Construction Loan For 4301 Vermont Avenue

4301 South Vermont Avenue

$34,800,000

Units

188

Asset Type

Development Site

Closing

Mar 3, 2025

About this deal

AI

The asset involved is a development site located at 4301 Vermont Avenue in the Los Angeles market. The property is designated for a 188-unit affordable housing project being developed by SoLa Impact. This five-story complex will feature prefabricated modular units, with 80% allocated for low-income residents.

Summary of transaction details:

This transaction involved Warren de Haan representing ACORE Capital in providing the construction loan, while Chris Montes from Walker & Dunlop arranged the financing. The project's focus is on creating affordable housing, enhancing the community within the Vermont-Slauson neighborhood.

On the Map

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$34,800,000

Development Site

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Players

Chris Montes

Walker & Dunlop

Broker

$36M

vol

2 deals

Broker

Warren de Haan

Acore Capital

Lender

$404.6M

vol

6 deals

Lender
Acore Capital
Acore CapitalLender

Martin Muoto

Sola

Landlord

$173.7M

vol

5 deals

Landlord
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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.46%

Cash-on-Cash

-0.13%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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