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269 South Mariposa Avenue

David Brickman And Brittany Mitchel Provide $43.2 Million Bridge Loan For Mixed-use Asset In Los Angeles
FINANCEDMixed-use

David Brickman And Brittany Mitchel Provide $43.2 Million Bridge Loan For Mixed-use Asset In Los Angeles

269 South Mariposa Avenue

$43,000,000

Building Size

Asset Type

Mixed-use

Closing

Jul 1, 2026

AI

The property asset involved in this transaction is a mixed-use development located at 269 South Mariposa Avenue in Los Angeles, CA. It consists of a total of 123 units, comprising 1 commercial unit and 122 residential units. The loan amount for this property is $43,200,000 with a bridge loan type.

Summary of transaction details:

The key individuals involved in this deal include David Brickman and Brittany Mitchel from D2 Residential, who acted as the lenders, and Adrian Edery and Josh Eliassian from Two50 Capital Group, who served as brokers for the transaction. Two50 Capital Group is noted for actively placing competitive bridge, permanent, and construction financing across various asset classes throughout the country.

Players

Adrian Edery

Two50 Capital Group

Broker

$660.7M

vol

40 deals

Broker
D2 Residential
D2 ResidentialBuyer

Los Angeles Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Loan transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.37%

Cash-on-Cash

-0.11%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93