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Home Finance Lender Takes Back 72-Unit Luxe Villas in Brentwood Through $49.5MM Deed in Lieu, Conveys Property to TruAmerica Entity
FinanceIndustry NewsLos AngelesResidential

Lender Takes Back 72-Unit Luxe Villas in Brentwood Through $49.5MM Deed in Lieu, Conveys Property to TruAmerica Entity

February 12, 20263 Mins read1.3k
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San Diego
Photo of San Diego apartment building by Sarah Sheedy on Unsplash
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The luxury apartment complex on Mayfield Avenue transferred from MayfieldNM LLC to an entity tied to the loan's beneficiary, which immediately obtained a $31.3 million Fannie Mae mortgage through M&T Realty Capital Corporation. The 72-unit Luxe Villas apartment complex at 11640 Mayfield Ave in Los Angeles' Brentwood neighborhood has changed hands through a deed in […]

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