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California  + Los Angeles  + Finance  | 

Walker & Dunlop Arranges $73M Refi on Inglewood Apartments

Walker & Dunlop has arranged a $73-million loan to refinance Bell South Bay, a multifamily community located at 11622 Aviation Blvd. in Inglewood. The W&D Capital Markets and Multifamily Finance teams led by Justin Nelson and Craig West arranged the bridge loan on behalf of client Bell Partners. The loan was provided by accounts managed by KKR.

Located on the border of El Segundo and Inglewood, Bell South Bay was constructed in 2016 on 3.05 acres and includes 264 units across a studio, one-bedroom and two-bedroom floorplan mix. The community features a range of amenities, including a newly renovated 24-hour fitness center, bicycle racks, a clubhouse with a social lounge and controlled access.

The area is surrounded by a mix of residential and commercial properties, with SoFi Stadium nearby and El Segundo Beach 10 minutes to the west, in addition to a wide variety of shopping and entertainment options.

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Walker & Dunlop's Nelson

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).

  • ◦Financing
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