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NKF Closes $85M Bridge Financing for The Met Hollywood

NKF Capital Markets closed an $85-million, non-recourse, floating rate, first mortgage loan for The Met Hollywood, a mixed-use multifamily property located at 5837 W. Sunset Blvd. in Hollywood. The mortgage was provided by Greenwich, CT-based Loan Core Capital. The proceeds were used to refinance the existing debt for the undisclosed borrower.

The Met West is secured by a fully leased 79-unit, newly-built luxury apartment building. The Met East is secured by a 12-story, 52,000-square-foot office/residential tower, and a two-story, 40,000-square-foot creative office building.

The property was designed by Santa Monica-based VTBS Architects, and features amenities including a rooftop pool deck, a fitness center, an interior courtyard and secured parking with electric car-charging station.

The team at NKF Capital Markets was led by Brian Bowis, Anthony Muhlstein and Curtis Palmer.

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About Dennis Kaiser

Dennis Kaiser is Vice President of Content and Public Relations for Connect Commercial Real Estate. Dennis is a communications leader with more than 30 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect’s client content operations and is involved in a range of initiatives ranging from content strategy, message development, copywriting, media relations, social media and content marketing services. In his most recent corporate communications roles, he led a regional public relations effort across Southern California for CBRE, played a key marketing role on JLL’s national retail team, and was responsible for directing the global public relations effort at ValleyCrest, the nation’s largest commercial landscape services company. In addition to his vast commercial real estate experience, Dennis has worked on communications and launch strategies for a number of residential projects such as Disney’s Celebration in Florida, Ritter Ranch in Palmdale California (7,200 homes, 22,000 acres), WaterColor in Florida and PremierGarage in Phoenix. Dennis’s agency background included firms such as 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, BoyScouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and Thunderbirds Charities.

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