USC Apartments - Highland Realty Capital Deal

USC Apartments

Bridge Loan

42-Unit Multi-Family

Los Angeles, CA

Highland secured a $10,650,000 bridge loan to refinance construction debt on a 42-unit, 4-story apartment project adjacent to the University of Southern California. The well-located, opportunity zone development completed in late 2021 and is currently in lease up.  The non-recourse floating rate loan significantly reduces the Borrower’s cost of capital. It also provides additional term to complete lease up, stabilize the property and line up competitive perm financing.

Scroll to Top
Skip to content