Class A Culver City Rentals Secure $92M Construction Loan

Class A Culver City Rentals Secure $92M Construction Loan
News| August 26, 2025| Paul Bubny
California & West + Apartment Buildings

JLL Capital Markets secured a $92-million construction loan for Aston Residences, a 190-unit, Class A multifamily project in Culver City with a 2028 scheduled completion date. Senior managing director Jeff Sause, director Chad Morgan, associate Jacob Michael and analyst Danny Ryan represented Helio Group in arranging the floating rate loan with Affinius Capital.

“This construction financing underscores the strength of Helio Group’s sponsorship and highlights the transformative impact this development will have on the surrounding area,” said Sause. “This project represents a significant step forward in creating a vibrant, pedestrian-focused environment for the area that complements Helio Group’s nearby holdings.”‘

Located at 10505 Washington Blvd., Aston Residences will offer convenient access to Erewhon, Trader Joe’s and the downtown dining and entertainment district. It will benefit from proximity to major Fortune 500 anchors and ongoing developments including Ivy Station and Apple’s Culver Crossings, along with access to the Palms Expo Line, regional transit and major arteries, including I-10 and I-405.

Meet the nation’s top owners, investors, developers, brokers, and lenders—key decision-makers shaping the multifamily market. Whether you’re targeting capital partners, strategic suppliers, or industry visionaries, this one-day conference on September 11 in Los Angeles is your opportunity. Network smart, exchange insights, and forge relationships that drive deals. This isn’t just a conference—it’s where the dealmakers go. www.connectapts2025.com 

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