US·Refinancing·Multifamily
Waterton closes $77.8M refinance for Olive DTLA apartments in Los Angeles
Value
$77.8M
Location
Los Angeles, Los Angeles County, California
Date
2026-04-12
Companies
Waterton, Walker and Dunlop, Fannie Mae, Tokyu Land US Corp.
Waterton obtained $77.8 million of financing for its 293-unit Olive DTLA apartment complex in Downtown Los Angeles. Walker and Dunlop arranged a $66 million refinance through Fannie Mae plus $11.8 million of preferred equity from Tokyu Land US Corp., described as a cash-neutral refinancing with a five-year fixed-rate term.
refinancingfannie-maepreferred-equitydowntown
Source
Bisnow