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

LOS ANGELES— Rescore Property Corp. has landed constructionfinancing in the amount of $153.75 million for its Rise Koreatownmultifamily project off Wilshire Boulevard.

Bethesda, MD-based Walker & Dunlop arranged the financingtransaction for the seven-story Class A property. Rescore is aprivate REIT founded by Arthur Falcone, Tony Avila and Bill Powersbased in Boca Raton, FL. The firm's local development partner isCal-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.