Bell Partners Receives $73 Million Loan for Refinancing of Property in Inglewood, California

by Channing Hamilton

INGLEWOOD, CALIF. — Bell Partners has received a $73 million loan for the refinancing of Bell South Bay, a 264-unit community located at 11622 Aviation Blvd. in Inglewood, about 13 miles southwest of Los Angeles. Justin Nelson and Craig West of Walker & Dunlop’s Capital Markets and Multifamily Finance teams arranged the bridge loan. The financing was provided by accounts managed by KKR.

Built on 3.05 acres in 2016, Bell South Bay consists of 264 apartments. Units come in studio, one- and two-bedroom layouts. Amenities include a fitness center and yoga studio, bicycle racks, clubhouse with a social lounge, coworking space, pool with cabanas and Wi-Fi. The controlled-access property also includes a parking garage.

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