SoLa Impact snags $35M loan for modular housing in South LA
SoLa Impact has secured a $34.8 million construction loan to build 188 affordable apartments in South Los Angeles. The Watts-based “social impact” fund led by Martin Muoto landed the loan to build a five-story building at 4301 Vermont Avenue, in Vermont-Slauson, Commercial Observer reported. The loan was provided by Acore Capital. Broker Chris Montes of […]This article originally appeared on The Real Deal. Click here to read the full story.
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