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Veleta Capital Partners Secures $12.6MM Bridge Loan for 42-Unit Multifamily Project in Northridge

January 26, 20231 Mins read474
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Los Angeles, January 26, 2023 – Veleta Capital Partners (VCP), a Los Angeles-based institutional small balance apartment platform, provided a senior secured, floating-rate bridge loan of $12.6 million for the refinance and renovation of an existing 42-unit apartment in Northridge, California. The sponsor previously acquired the Valleywood Apartments in 2020 for $14.9 million from an […]

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