Home Finance Gortikov Capital Acquires 399-Unit Affordable Housing Portfolio In Santa Monica For $120MM
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Gortikov Capital Acquires 399-Unit Affordable Housing Portfolio In Santa Monica For $120MM

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Santa Monica beach with downtown in the background
Photo by Cédric Dhaenens on Unsplash
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(EDITOR'S NOTE: Earlier this month, Gortikov Capital arranged a $141.4 million recapitalization for the Samo Apartments Portfolio with then-owner WS Communities. The recapitalization included a $127.6 million senior bridge loan provided by a U.S.-based debt fund and a $13.8 million preferred equity investment from Gortikov Capital. A portion of the financing was reserved for developing […]

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