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Trion Refinances Century-Old Asset in MacArthur Park
The owner worked with financing partner Continental Funding Group during the refinance.
Trion Properties Acquires Two East Bay Communities
The new owner has already lined up capital improvement programs for the two apartment communities.
Pacific Crest Realty Acquires Koreatown Community; Valencia Residential Project in DTLA Scores $41 Million Construction Loan
Pacific Crest Realty has completed the purchase of Alexandria Apartments in Koreatown for a fee of $6 million, in a deal brokered by Kaufman Commercial for both the buyer and the seller. Located at 435 South Alexandria Avenue, the community will be renamed as Chapman Apartments as a result of the acquisition, as a nod to Charles Chapman, a developer and philanthropist who built a residence on the site in 1915. The 1927-built apartment building offers 30 one-bedroom apartments and 19 studio units. It is located near the iconic Chapman Market, the site of the country’s first drive-through grocery back in 1929.
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