April 24, 2018 Comments Off on NKF Closes $85M Bridge Financing for The Met Hollywood Views: 2304 California News, Los Angeles

NKF Closes $85M Bridge Financing for The Met Hollywood

Order Reprints...

NKF Capital Markets closed an $85-million, non-recourse, floating rate, first mortgage loan for The Met Hollywood, a mixed-use multifamily property located at 5837 W. Sunset Blvd. in Hollywood. The mortgage was provided by Greenwich, CT-based Loan Core Capital. The proceeds were used to refinance the existing debt for the undisclosed borrower.

The Met West is secured by a fully leased 79-unit, newly-built luxury apartment building. The Met East is secured by a 12-story, 52,000-square-foot office/residential tower, and a two-story, 40,000-square-foot creative office building.

The property was designed by Santa Monica-based VTBS Architects, and features amenities including a rooftop pool deck, a fitness center, an interior courtyard and secured parking with electric car-charging station.

The team at NKF Capital Markets was led by Brian Bowis, Anthony Muhlstein and Curtis Palmer.

Connect With NKF’s Palmer


Get CRE News in 150 words

For comments, questions or concerns, please contact Dennis Kaiser

Tags: , ,

Comments are closed.