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22121 Clarendon Street
FINANCED

Gortikov Capital Secures $101M Refinance For The Clarendon Multifamily Asset

22121 Clarendon Street

MultiFamily
clock iconFinanced 48 days ago
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Summary

Loan
CALIFORNIA
MultiFamily

The Clarendon is a luxury multifamily building located at 22121 Clarendon Street in Woodland Hills, California. Developed in 2020, the property boasts 335 units and offers upscale amenities. Its strategic location provides convenient access to Ventura Boulevard and Warner Center, making it a sought-after investment opportunity in the San Fernando Valley.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $101,000,000
  • Units: 335
  • Address: 22121 Clarendon Street
  • Market: Woodland Hills

Gortikov Capital, led by Bryan Gortikov, secured a $101 million refinance for The Clarendon on behalf of AMCAL Housing. Matt Salem from KKR served as the lender in this two-year floating-rate loan transaction. Percival Vaz, representing AMCAL Housing, acted as the landlord. Despite challenges in transitional real estate lending, this deal showcases the expertise of the involved parties in navigating complex financing structures to support valuable real estate assets.

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Bryan Gortikov's profile picture
Bryan Gortikov
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President
$27.5M Sold

Details

Deal Summary
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FINANCED
IMAGE: Bryan Gortikov, Percival Vaz & Matt Salem DATE: 06/03/2024 ADDRESS: 22121 Clarendon Street MARKET: Woodland Hills ASSET TYPE: Multifamily ~ UNITS: 335 LENDER: Matt Salem - KKR LANDLORD: Percival Vaz - AMCAL Housing BROKER: Bryan Gortikov (@B.Gort) - Gortikov Capital LOAN AMOUNT: $101,000,000 LOAN TYPE: Refinance LOAN TERMS: two-year, floating-rate NOTE: Gortikov Capital secures a $101 million refinance for The Clarendon, a luxury multifamily building in Woodland Hills, California, through a US-based debt fund on behalf of AMCAL Housing, despite challenges in transitional real estate lending. Developed in 2020, The Clarendon offers upscale amenities and convenient access to Ventura Boulevard and Warner Center, representing a strong investment opportunity in the San Fernando Valley.

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Address22121 Clarendon Street

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