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Home Finance WS Communities Secures $141.4MM Recapitalization for 399-Unit Affordable Apartment Portfolio in Santa Monica
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WS Communities Secures $141.4MM Recapitalization for 399-Unit Affordable Apartment Portfolio in Santa Monica

October 10, 20221 Mins read512
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SANTA MONICA - Gortikov Capital announced that it has arranged a $141.4 million recapitalization of the Samo Apartments Portfolio, an 11-property, 399-unit affordable multifamily residential portfolio located in Santa Monica, California. The recapitalization included a $127.6 million senior loan and a $13.8 million preferred equity investment. Gortikov Capital worked on behalf of WS Communities, LLC […]

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