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6/22/17
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Canyon Partners Real Estate LLC has provided a $21.6 mil senior construction loan to finance the development of a 35-unit luxury condominium project located along Sunset Blvd in the Silver Lake neighborhood of Los Angeles. The project, which is being developed by a joint venture between Barth Partners and Barry Leddy Developments, will be the first new luxury condominium development of its kind to deliver along this Sunset Blvd submarket in over ten years.
The project is located on a 0.37-acre site at the intersection of Sunset and Micheltorena Ave, providing residents with walkable access to nearby restaurants, bars, cafés, and boutiques. In addition to the neighborhood amenities, the location allows easy access to major employment hubs including Downtown Los Angeles, Hollywood and Glendale.
The project will feature such amenities as a community lounge, pool deck, meditation garden, bike storage space, large interior courtyard as well as a retail space on the ground floor with outdoor seating.
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