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Class A Culver City Rentals Secure $92M Construction Loan

JLL Capital Markets secured a $92-million construction loan for Aston Residences, a 190-unit, Class A multifamily project in Culver City with a 2028 scheduled completion date. Senior managing director Jeff Sause, director Chad Morgan, associate Jacob Michael and analyst Danny Ryan represented Helio Group in arranging the floating rate loan with Affinius Capital.

“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 convenient access to Erewhon, Trader Joe’s and the downtown dining and entertainment district. It will benefit from proximity to major Fortune 500 anchors and ongoing developments including Ivy Station and Apple’s Culver Crossings, along with access to the Palms Expo Line, regional transit and major arteries, including I-10 and I-405.

Meet the nation’s top ownersinvestorsdevelopersbrokersand lenders—key decision-makers shaping the multifamily market. Whether you’re targeting capital partners, strategic suppliers, or industry visionaries, this one-day conference on September 11 in Los Angeles is your opportunity. Network smart, exchange insights, and forge relationships that drive deals. This isn’t just a conference—it’s where the dealmakers go. www.connectapts2025.com 

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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