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VWF Arranges Two Loans Totaling $10.1 Million for the Purchase of Luxury Apartment Buildings

Venture West Funding, Inc., a mortgage company headquartered in El Segundo, CA announced it has arranged loans totaling $10.1 million for the purchase of two apartment buildings located in the San Fernando Valley. The buyer is a Beverly Hills-based developer and real estate investment company. Klump Avenue Apartments, located in North Hollywood, CA, was constructed in 2008. The project was built as condominiums and contains 15 2-bedroom, 2.5 bath plus den units and is currently 100% occupied. Units average 1,300 square feet and include a high quality finish with a full amenity package. White Oak Regency, located in a prime section of Encino, CA, is a 24-unit luxury condominium built in 2

VWF Arranges $11.97 Million Package of Apartment Loans in Los Angeles and Sherman Oaks, CA

Venture West Funding, Inc., a mortgage company headquartered in El Segundo, CA announced it has arranged loans totaling $11.97 million for the refinance of four apartment buildings located in Los Angeles and Sherman Oaks, CA. The four properties contain 129 units, built between 1963 and 1983, are currently almost 100% occupied. The buildings are well-located, Westside properties in excellent condition. Matt Douglas, principal of Venture West Funding arranged the financing for Green Acres Trust, a Northern California real estate investor, through JP Morgan Chase Bank, N.A. “We were able to fully satisfy the borrower’s objectives by securing low-leverage, 5-year fixed, non-recourse loans w

Real Estate Broker - California Department of Real Estate – Lic# 01254294 – NMLS# 169000

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