Affinius Grants $50 Million Refinancing for Jamison’s Roya Apartments

Affinius Grants $50 Million Refinancing for Jamison's Roya Apartments
Affinius Grants $50 Million Refinancing for Jamison's Roya Apartments

### Affinius Capital Provides $50M Refinance for Jamison’s Roya Apartments

Affinius Capital LLC has closed on a $50-million loan to refinance The Roya, a 157-unit multifamily property with 10,000 square feet of retail space in Los Angeles’ Koreatown neighborhood. The loan was provided to Jamison Services, Inc., though specific terms were not disclosed.

“We value our continuing relationship with Jamison through this new collaboration in Koreatown,” said Affinius Managing Director Tom Burns. “The Roya is poised to benefit from the neighborhood’s key demand drivers, including walkability, retail offerings, and its central location within greater Los Angeles. The property has already been well received by the market, and we expect it to continue to perform.”

Completed in September 2023, the six-story building at 760 S. Serrano Ave. replaced a surface parking lot. It offers secured on-site parking and provides convenient access to Los Angeles’ major employment centers via the L.A. Metro, Wilshire Boulevard, and the 10, 110, and 101 freeways.

About the Publisher:
Steve Griffin is based in sunny Palm Harbor, Florida. He’s an accountant by profession and the owner of GRIFFIN Tax and REVVED Up Accounting. In addition, Steve founded Madison Avenue Technology. With a strong passion for commercial real estate, he’s also dedicated to keeping you up to date with the latest industry news.

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