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6/21/24
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Gortikov Capital has secured a $49.5 mil floating rate senior bridge loan on Luxe Villas, a 60-unit, Class A multifamily building in the upscale L.A. neighborhood of Brentwood. Developed in 2005 and fully renovated in 2023, the property is located at 11640 Mayfield Ave, north of Wilshire Blvd and west of the 405 Fwy.
Luxe Villas offers superior unit quality and amenities. The property features a state-of-the-art fitness center, clubhouse, sunlit central courtyard, and a rooftop lounge with expansive city views. Units are designed with luxury finishes, including expansive glass windows, high ceilings, top-of-the-line appliances, and in-unit washers and dryers.
Residents of Luxe Villas benefit from its prime location, just a three-minute walk from San Vicente, providing access to some of Los Angeles' finest dining and shopping. The property is also conveniently close to the 405 and 10 Freeways, major employment centers, educational institutions, hospitals, and Santa Monica’s renowned beaches.
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