California CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
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.
- ◦Financing


