BWV W. Katella, LLC, a joint venture between Newport Beach, CA-based Branch West Real Estate Partners, LLC and Irvine, CA-based The Bascom Group, LLC, acquired a 1.1-acre parcel at 1725 West Katella Ave. in Orange CA. The site is entitled and planned for the development of a five-story, 94-unit mid-rise multifamily community.
Bellwether’s Tom Kenny and Josh Boehling secured preferred equity from Houston-based Marble Capital, and a construction senior loan from the Bank of the West.