Bellwether Enterprise Real Estate Capital LLC has announced the closing of a $108 million refinancing of nine apartment complexes in Hollywood, Beverly Hills and Long Beach on behalf of Redwood Urban. The properties were refinanced with a FNMA Credit Facility. 

BWE’s Jason Krupoff, who organized the loan, said in a news release, “BWE has a strong relationship with Redwood Urban, and we were thrilled to be able to work with them again on this truly impressive urban portfolio in California.” 

The six properties in Hollywood comprise a total of 267 units, and are all within walking distance of numerous amenities. The two Beverly Hills multifamily units comprise 29 apartments total, and have ultra-high-end finishes and garage parking. The Long Beach complex totals 104 units, and includes 15,000 square feet of ground floor retail space along a pedestrian-only Promenade.