Madison Realty Capital Provides $34M Loan For Office To Multifamily Conversion In Woodland Hills

21555 Oxnard Street in Woodland Hills has recently undergone an office to multifamily conversion. The property, owned by TA/Warner Center Investors LLC - Abraham Lerner & Christopher Ellis, has attracted attention in the market.

Summary of transation details

• Property Type: Office to Multifamily Conversion
• Transaction Amount: $34,000,000

The loan for this conversion was provided by Madison Realty Capital. Josh Zegen, representing Madison Realty Capital, facilitated the loan process. The significant loan amount of $34,000,000 demonstrates the promising potential of this project.