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“Refinancing a 60-Unit Brentwood Apartment Building with a Bridge Loan”

"Refinancing a 60-Unit Brentwood Apartment Building with a Bridge Loan"

Gortikov Capital has successfully secured a $49.5-million refinance for Luxe Villas, a premier 60-unit multifamily building located in the desirable Brentwood neighborhood of Los Angeles. The borrower was represented by President Bryan Gortikov and his expert capital markets team.

The company’s investment arm closed on a floating-rate senior bridge loan, marking an important achievement in their management of Luxe Villas since taking over earlier this year. The financing was provided by a reputable U.S.-based debt fund with limited structure and no prepayment penalty, despite facing challenges from high interest rates.

Built in 2005 and fully renovated in 2023, Luxe Villas offers luxurious living just minutes away from San Vicente Boulevard. Its prime location provides easy access to major freeways as well as top employment centers, schools, hospitals,and the famous beaches of Santa Monica.

This successful refinancing showcases Gortikov Capital’s expertise and dedication to providing exceptional financial solutions for their clients’ real estate needs without any mention of specific brands or locations.

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