US EditionColliers Arranges Construction Loan for ED1 Project in Koreatown
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Colliers Arranges Construction Loan for ED1 Project in Koreatown
The Los Angeles Colliers Mortgage Structured Finance Group, led by Jonathan Lee and Shahin Yazdi, arranged $24,600,000 in construction financing on behalf of Kingsley Project LLC, part of the broader Keren Group, for the development of a 100% affordable multifamily property located in Koreatown, Los Angeles. The financing for the 136-unit ED1 development represents 70% loan-to-cost and supports a significant new project aligned with the city’s c…
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