Balaciano scores refi for Woodland Hills apartments, starts adjacent project

by TRD Staff

Balaciano Group is moving forward with more housing in the Woodland Hills neighborhood of Los Angeles.  The Canoga Park-based firm secured a permit for The Q Erwin, a 264-unit project slated to rise at 6160 Variel Avenue, according to a news release. The project at 21050 Erwin Street calls for 11,000 square feet of retail space.  Meanwhile, Balaciano Group secured $250 million in refinancing for two nearby properties it developed in recent years.  The firm secured $150 million refinancing from Morgan Stanley for The Q De Soto, which has 376 units and 25,000 square feet of retail. It opened about […]

This article originally appeared on The Real Deal. Click here to read the full story.

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