AMCAL Housing and Gortikov Capital has obtained a $101 million refinancing loan on The Clarendon, a 335-unit, Class A multifamily property in the western San Fernando Valley community of Woodland Hills.
Developed in 2020, The Clarendon offers luxury living with top-tier amenities, including a resort-style pool and spa, basketball court, state-of-the-art fitness center with yoga and spin rooms, and a business center. The units feature in-unit washers and dryers, Nest-controlled central cooling and heating, keyless entry, walk-in closets, and more.
The Clarendon is in a quiet neighborhood just north of Ventura Boulevard, providing convenient access to the 101 Freeway, as well as the shops and restaurants of Ventura Boulevard and Warner Center, the economic and employment hub of the San Fernando Valley.
Bryan Gortikov with Gortikov Capital arranged the two-year, floating-rate senior bridge loan. It was funded through a US-based debt fund. The community is professionally managed by Greystar.
Founded in 2016 by Bryan Gortikov, GC’s primary business is the brokerage of construction, bridge, and permanent debt and equity on behalf of a diverse client base comprised wealthy family offices, high-net-worth individuals and institutional investors. GC’s expansive, national network of capital sources includes debt funds, life insurance companies, mortgage REITs, banks, and private equity.
