A rendering of Rise Koreatown in Los Angeles. A rendering of Rise Koreatown in Los Angeles.

LOS ANGELES— Rescore Property Corp. has landed construction financing in the amount of $153.75 million for its Rise Koreatown multifamily project off Wilshire Boulevard.

Bethesda, MD-based Walker & Dunlop arranged the financing transaction for the seven-story Class A property. Rescore is a private REIT founded by Arthur Falcone, Tony Avila and Bill Powers based in Boca Raton, FL. The firm’s local development partner is Cal-Coast of Los Angeles.

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John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.

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