
October 8, 2025
Affordable Housing
$4,400,000
Transaction Description:
George Smith Partners successfully arranged $4,400,000 in construction takeout financing for a newly completed 23-unit affordable housing community located in South Los Angeles. The financing supports the refinancing of existing construction debt and provides additional capital for property stabilization. The loan features a structured funding approach with the possibility of an earn-out upon achievement of operational milestones.
Rate: 6.45% Fixed
Leverage: 65.0% loan-to-value
Term: 3-year term
Amortization: 30-year amortization schedule
Financing Team

Rachael Sery
Managing Director

Martha Martinez
Assistant Vice President – Capital Markets & Loan Servicing

Adrian Diaz-Infante
Analyst I

