Greystone And Affinius Capital Refinance Rise Koreatown Residential Complex For $172M | 750 South Oxford Avenue & 3525 West 8th Street | Greystone, Affinius Capital | MultiFamily | Loan

Summary

Loan

CALIFORNIA

MultiFamily

The Rise Koreatown residential complex in Los Angeles has secured $172 million in loans for refinancing, with Greystone and Affinius Capital serving as lenders. The property, located at 750 South Oxford Avenue and 3525 West 8th Street, consists of a seven-story development in the densely populated Koreatown district. It features 363 apartments and 47,417 square feet of retail space.

Summary of transaction details

Property Type: MultiFamily
Transaction Amount: $172,000,000
Units: 363
Market: Los Angeles

Greystone, represented by Scott Chisholm, and Affinius Capital, represented by Tom Burns, facilitated the loan. Rescore Property Corporation serves as the landlord of the Rise Koreatown residential complex.

Players

All
2

Lenders
2

Greystone

Affinius Capital

Details

Deal Summary

FINANCED

IMAGE: Scott Chisholm DATE: 07/17/2023 ADDRESS: 750 South Oxford Avenue & 3525 West 8th Street MARKET: Los Angeles ASSET TYPE: MultiFamily ~ UNITS: 363 LENDER: Greystone (@GreystoneCREF) - Scott Chisholm (@Scott___Chisholm); Affinius Capital - Tom Burns LANDLORD: Rescore Property Corporation LOAN AMOUNT: $172,000,000 LOAN TYPE: Refinance NOTE: Greystone and Affinius Capital have secured $172 million in loans to refinance the Rise Koreatown residential complex in Los Angeles. The seven-story development in the densely populated Koreatown district features 363 apartments and 47,417 square feet of retail space. #

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Address750 South Oxford Avenue & 3525 West 8th Street

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