May 31, 2017 Comments Off on $239M Construction Financing Arranged for Four Seasons Development Views: 734 California News, Los Angeles, Top California

$239M Construction Financing Arranged for Four Seasons Development

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HFF arranged $239 million in financing for the construction of the Four Seasons Private Residences Los Angeles, a 59-unit, luxury, residential project that has begun construction in Los Angeles. The 12-story, LEED-certified tower includes custom for-sale homes, and is expected to be completed in mid-2019.

HFF worked on behalf of the developer, a partnership between Alcion Ventures and Genton Property Group (GPG), to place the three-year construction loan through funds managed by The Children’s Investment Fund Management Limited. HFF’s debt placement team representing the borrower, included Doug Bond, Dan Cashdan and Mark Wintner.

The site is situated across from the Four Seasons Los Angeles at Beverly Hills near the intersection of Third Street and Wetherly Drive.

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