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Platinum Triangle Apts. Secures $136M Loan

Square Mile Capital Management LLC originates the loan secured by Jefferson Platinum Triangle, a new 400-unit transit-oriented multifamily community here with JPI as the sponsor.

By Carrie Rossenfeld | Updated on November 14, 2017

Jefferson Platinum Triangle Jefferson Platinum Triangle is a new transit-oriented residential community featuring a variety of amenities and recreational facilities.

ANAHEIM, CA—Square Mile Capital Management LLC has originated a $136-million loan secured by Jefferson Platinum Triangle, a new 400-unit multifamily property here with JPI as the sponsor. The loan will repay JPI’s existing construction financing and bridge through stabilization of the property.

JPI, a multifamily developer based in Irvine, TX, with a regional office in Southern California, recently completed Jefferson Platinum Triangle’s four buildings and is nearing completion of the project, a new, transit-oriented residential community with a combination of studio, one-, two- and three-bedroom floor plans and 730 parking spaces.

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