**Aston Residences in Culver City Secures $92M Construction Loan**
JLL Capital Markets has arranged a $92 million construction loan for Aston Residences, a new 190-unit, Class A multifamily development in Culver City. The project is slated for completion in 2028.
The loan was secured on behalf of developer Helio Group, with financing provided by Affinius Capital. The JLL team included Senior Managing Director Jeff Sause, Director Chad Morgan, Associate Jacob Michael, and Analyst Danny Ryan.
“This construction financing underscores the strength of Helio Group’s sponsorship and highlights the transformative impact this development will have on the surrounding area,” said Sause. “This project represents a significant step forward in creating a vibrant, pedestrian-focused environment for the area that complements Helio Group’s nearby holdings.”
Located at 10505 Washington Blvd., Aston Residences will offer residents convenient access to local staples such as Erewhon and Trader Joe’s, as well as Culver City’s renowned dining and entertainment district. The development is strategically positioned near major employers, including Fortune 500 companies, and is close to new commercial hubs such as Ivy Station and Apple’s Culver Crossings. Residents will also benefit from connectivity via the Palms Expo Line and major thoroughfares including I-10 and I-405.
Industry professionals—including owners, investors, developers, brokers, and lenders—will have the opportunity to connect and explore projects like Aston Residences at a one-day multifamily market conference on September 11 in Los Angeles. This event is designed to foster networking, provide market insights, and promote deal-making across the sector.
