CBRE Investment Management has provided $75 million of financing against the 900 Apartments, a 193-unit property in Los Angeles’ Koreatown neighborhood. The three-year loan allowed the property’s owner, which could not be identified immediately, to retire construction debt and facilitate a recapitalization. The six-story property, at 900 South Vermont Ave., was completed in 2021 and […]

The post CBRE Lends $75Mln Against Los Angeles Apartment Property appeared first on Commercial Real Estate Direct.