Shopoff Realty Investments Secures $17.815M Loan From BrightSpire Capital For 60-Unit Cierra Apartments

The multifamily asset involved in the transaction is the Cierra Apartments located at 8115 Via Alta in Whittier, CA. This property consists of 60 units and was secured under a loan amount of $17,815,000. The transaction took place on 12/02/2025.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $17,815,000
• Units: 60
• Lender: BrightSpire Capital
• Landlord: William Shopoff - Shopoff Realty Investments
• Broker Representatives: Jamie Kline & Kyle White - JLL

Shopoff Realty Investments, represented by William Shopoff, obtained financing from a subsidiary of BrightSpire Capital, allowing for improved cash flow management. The property remains fully leased and is positioned with amenities, suitable for future sale considerations.