Los Angeles’ multifamily development secures $13.3 million construction loan

ACRES Capital has originated a $13.3 million loan to fund the construction of 636 North Juanita Avenue, a 33-unit, multifamily development located in the Silver Lake area of Los Angeles.

The loan is provided to Barth Partners for the development that will include 29 market-rate and four affordable housing units, as well as amenities such as a communal lounge space, gym, and panoramic views of neighboring Downtown Los Angeles and Hollywood.

636 North Juanita Avenue is located in Silver Lake’s Virgil Village neighborhood, which features walkability.


Please enter your comment!
Please enter your name here

I accept the Privacy Policy

This site uses Akismet to reduce spam. Learn how your comment data is processed.