7720 Crescent Ave.,
Buena Park, CA
Services & Improvements
After our acquisition, we were able to obtain approvals for and complete the addition of two new units, bringing the unit count from 44 to 46 and creating substantial additional value.
After a successful repositioning of the asset, which included addressing deferred maintenance, a series of value-add capital improvements and increases to the income, we completed a refinance with Pacific Western Bank in February 2019.
The refinance resulted in a significant distribution to the investors.