PSRS Provides $14.7M in Construction Financing for Co-Living Development in Los Angeles
The planning co-living development in Los Angeles will feature 18 units and 79 beds.
LOS ANGELES — PSRS has provided $14.7 million in construction financing for a co-living development in Los Angeles. The property will feature 18 units and 79 beds.
Jacob Lee of PSRS secured the 24-month, interest-only loan, which a bank provided. The borrower was not disclosed.