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Home AEC Capstone and Elysian Land $75MM Citibank Construction Loan to Convert Pasadena’s ZK Plaza into 133 Affordable Units
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Capstone and Elysian Land $75MM Citibank Construction Loan to Convert Pasadena’s ZK Plaza into 133 Affordable Units

October 29, 20264 Mins read18
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The day the Capstone Equities and Elysian Housing partnership took title to East Pasadena's ZK Plaza, it also recorded a Citibank construction loan of up to $75 million, putting debt behind a $101.6 million plan to turn the 1966 office property into 133 income-restricted apartments.

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