Parkview Financial Funds West Adams Apartment Build

Parkview Financial has provided $16.5 million to developer Los Angeles-based 5050 Pico for the construction of Kentish Town, a five-story 79-unit apartment complex in the West Adams/Pico Heights submarket. The terms of the construction loan were not disclosed.

Kentish Town will total more than 60,000 square feet and will include 2,121 square feet of ground floor retail space and one grade-level parking area and one subterranean parking level totaling 67 spaces. It will also feature two rooftop decks, a bike room with storage, and a resident lounge.

The property will deliver in October 2020.