Updated Oct 13, 2026
Greystone And Affinius Capital Refinance Rise Koreatown Residential Complex For $172M
750 S Oxford Ave Los Angeles, CA 90005, USA
$172,000,000
Units
363
Asset Type
MultiFamily
Closing
Jul 17, 2023
About this deal
AI
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.
On the Map
$172,000,000
MultiFamily
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Players
Los Angeles MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.09%
Cash-on-Cash
-0.03%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93