San Diego San Diego

Madison Realty Capital has originated funding for two condo projects. The construction financing totals $35.1 million for the two projects. The deals include a $15.1 million construction loan for a condominium at 2750 4th Avenue in San Diego and a $20 million construction loan for a condominium at 154 North La Peer Drive in Beverly Hills.

The 2750 4th Avenue project property will feature two-to four-bedroom residential units and will include an on-site parking garage. The Bankers Hill submarket of San Diego is considered one of the most desirable urban neighborhoods in the area given its proximity to the world-famous Balboa Park and numerous nearby restaurants, cafes and bars.

All units at the 154 North La Peer Drive project will include two bedrooms, two bathrooms and a powder room with a shower to accommodate an optional third bedroom or den. With just four units per floor, each will occupy a corner to provide optimal natural light. The property will also feature a parking garage with two assigned parking spaces per unit.

NOT FOR REPRINT

© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.