LOS ANGELES—Loans are separately collateralized by Totem Lake Apartments, a 200-unit community in the Seattle suburb of Kirkland, and Waterstone at Cheviot Hills, a 120-unit apartment complex in West Los Angeles. Both loans carried a three-year term and each represented 75 percent of total acquisition and repositioning costs.
via Los Angeles http://www.globest.com/news/12_547/losangeles/multifamily/Mesa-West-Provides-437-M-for-Acquisition-of-Apartment-Communities-330412.html
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