The owners of an apartment community in Los Feliz are the latest to score a refinancing loan from Mesa West Capital. Alliance Residential and PCCP secured a five-year, floating-rate $43.5 million loan from Los Angeles-based Mesa West to refinance the Broadstone Los Feliz residential complex, the Los Angeles Times reported. Mesa West was interested in Los Feliz’s “combination of a strong cultural scene, limited supply and the unique character of the neighborhood,” Josh Westerberg, Mesa West Capital head of the Western U.S. region, said of the deal, according to the Times. At the same time, the popular Los Angeles neighborhood […]
This article originally appeared on The Real Deal. Click here to read the full story.
Powered by WPeMatico