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California  + Los Angeles  + Finance  | 
Institutional Property Advisors' Anita Paryani-Rice arranged $10.35 million in financing on luxury apartments in North Hollywood, CA

IPA’s Paryani-Rice Arranges Financing on North Hollywood Apartments 

Institutional Property Advisors, a division of Marcus & Millichap, arranged $10.35 million in financing for a luxury multifamily apartment complex in North Hollywood. The financing was secured by Anita Paryani-Rice, senior managing director, based in IPA’s West Los Angeles office. 

“As residents continue to return to centralized urban areas, amenity rich multifamily properties are in high demand and lenders have taken notice,” said Paryani-Rice. “North Hollywood is a thriving and diverse neighborhood full of unique art, culture and charm. The proximity to working hubs such as Los Angles and Burbank make this property highly sought after and well-positioned for long-term stability.” 

The 10-year loan has a 65% LTV and an interest rate of 3.25%. In-unit amenities include smart home technology, washer/dryer access, ambient electric fireplaces, and exceptional waterfall quartz counter tops. Residents will also have access to a rooftop lounge and community garden. 

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IPA's Paryani-Rice

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Financing
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