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8/26/25
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Helio Group has secured a $92 mil construction loan for development of Aston Residences, a to-be-built, 190-unit, Class A multi-housing project in Culver City. Jeff Sause, Chad Morgan, Jacob Michael and Danny Ryan with JLL Capital Markets arranged the floating rate loan through Affinius Capital.
Aston Residences, located at 10505 Washington Blvd, just west of Culver City’s popular downtown, offers easy access to Erewhon, Trader Joe’s and all of the area’s dining and entertainment district. The property will benefit from proximity to major Fortune 500 anchors, as well as ongoing developments including Ivy Station and Apple’s Culver Crossings. With access to the Palms Expo Line stop, regional transit and major arteries including I-10 and I-405, Aston Residences will offer strong connectivity across the Greater Los Angeles area.
Once completed, Aston Residences will offer contemporary living with state-of-the-art community amenities and 5.2k sf of ground-floor retail. This modern luxury multi-housing community will feature 160 one- and 30 two-bedroom units, all designed with luxury finishes and smart home technology. Residents will enjoy premium amenities including a fitness room, clubroom, indoor pickleball court, hot and cold plunge pools, outdoor kitchen and bicycle parking within a three-floor garage.
Helio Group is a vertically integrated real estate investment and development company led by Simon Lazar and Sam Mostadim with extensive experience in the immediate submarket. Helio plans to complete the project in the first quarter of 2028.
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