EBSC Lending Provides $19.47M Los Angeles Co-Living Refi

IRVINE, CA — EBSC Lending has provided a $19.47 million refinance loan secured by a recently completed co-living property totaling 39,151 square feet and comprising 57 individual units in Hollywood, California. The proceeds were used to pay off an existing loan and recapitalize the property, supporting the borrower’s ongoing lease-up strategy.

Transaction Overview

The subject asset is a purpose-built multifamily co-living community located in the heart of the Hollywood submarket. The property’s design and unit configuration are tailored to meet demand from renters seeking flexible housing options with access to shared amenities and efficient layouts.

The refinance structure provided the borrower with balance-sheet flexibility while aligning capital with the property’s leasing ramp. In connection with the transaction, Martin Alex, CEO of EBSC Lending, stated, “We are seeing the co-living business model crop up more frequently, as developers continue to respond to renter demand. Hollywood is a perfect submarket for this asset type, as it appeals to the market demographic and is one of the few areas in Los Angeles with ready access to public transportation. We believe the demand for co-living facilities will increase and that Treehouse will become the preeminent co-living community in Los Angeles. Our lending program fits perfectly within the borrower’s business plan as they ramp up their leasing efforts. In this uncertain business cycle, we are happy to provide capital to worthwhile and thoughtful projects.”

The financing was structured to support stabilization while preserving optionality for future execution as leasing matures.

Market Context + What It Means

Hollywood remains one of the most dynamic submarkets in the Los Angeles metro area, driven by its role as the center of the entertainment industry, strong transit connectivity, and sustained demand from young professionals. Co-living properties in transit-accessible neighborhoods are increasingly attractive as affordability pressures persist and renters prioritize location and flexibility.

Refinance capital that supports lease-up is particularly important for newly completed co-living assets, where efficient execution and tailored underwriting can accelerate stabilization. Private lenders capable of underwriting emerging housing models play a key role in supporting thoughtful projects during evolving market cycles.

By delivering a $19.47 million refinance loan, EBSC Lending enabled the borrower to retire prior debt, recapitalize the asset, and continue executing a leasing strategy aligned with Hollywood’s renter demand profile.

Frequently Asked Questions

What type of loan did EBSC Lending provide?

EBSC Lending provided a $19.47 million refinance loan secured by a newly completed co-living multifamily property.

How were the loan proceeds used?

Proceeds were used to pay off an existing loan and recapitalize the property to support lease-up.

Why is Hollywood a strong location for co-living?

Hollywood offers central Los Angeles access, public transportation, and strong demand from young professionals—key drivers for co-living communities.

What types of housing projects does EBSC Lending finance?

EBSC Lending provides bridge, construction, and refinance solutions for multifamily, co-living, mixed-use, and other commercial real estate assets nationwide.

Related EBSC Lending Financing Programs

EBSC Lending provides flexible private capital solutions across the United States, including:

• Commercial Bridge Loans – Short-term financing for transitional and stabilized assets

• Multifamily Financing – Acquisition, construction, and refinance loans for residential communities

• Specialty Housing Financing – Customized solutions for co-living and alternative housing models