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California  + Los Angeles  + Retail  | 

$60M Construction Financing for Valley MXU Dev

There is still time to join us for Connect Westside Los Angeles. The conference is Dec. 13th at the Luxe Sunset. Here’s where to register.

George Smith Partners arranged $60 million in ground-up construction financing for The Q East, a mixed-use development in Woodland Hills, CA. The property at 6219 De Soto Ave. will include 241 apartment units, 34,139 square-feet of retail space, as well as a restaurant and bar, a co-working space and a resort style pool.

George Smith Partners’ Steve Bram, along with David Pascale and Huber Bongolan Jr. arranged the financing on behalf of California Home Builders. Sized to 70% of total project cost, the three-year term has two 12-month options that float at 250 basis points over LIBOR.

Bram says, “The Q East will be the first to provide Woodland Hills residents with a luxury apartment option in the affluent Los Angeles suburb. In addition, none of the existing multifamily communities in the area provide the live-work-play environment that today’s renters demand.”

Construction is expected to be completed in 2019.

For comments, questions or concerns, please contact Dennis Kaiser

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About Dennis Kaiser

Dennis Kaiser is Vice President of Public Relations and Communications for Connect Creative. Dennis is a communications leader with more than 40 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect Creative’s agency client services and is involved in a range of initiatives ranging from public relations and content strategy, communications and message development, copywriting, media relations, social media and content marketing services. Prior to joining Connect Media in 2015, his most recent corporate communications roles involved leading a regional public relations effort across Southern California for CBRE, playing a key marketing role on JLL’s national retail team, and directing the global public relations effort at ValleyCrest (BrightView), the nation’s largest commercial landscape services company. He has worked on marketing communications assignments for such CRE companies as Blackstone/Equity Office, Carlyle, Caruso, Disney Resorts, GE Capital, Irvine Company, Hines, Howard Hughes Corp., Jeffries, Lennar, MGM, Marcus & Millichap, Prologis, Raleigh Studios, Simon, Starwood, Trammell Crow Company, Transamerica, UBS and Wynn Resorts. Dennis has also worked on communications and launch strategies for a number of consumer electronic, media and tech brands including SlingMedia, Channel Master, Deluxe Media Entertainment, BeIn Sports, EchoStar and Sprint. Dennis’s agency background included firms such as Off Madison Ave., Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, Boy Scouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and the Thunderbirds Charities.

  • ◦Development
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