Pacific Oak Lines Up $120 Million in Financing for Single-Family Rentals
June 21, 2021 | Hannah Madans | Los Angeles Business Journal
Sawtelle-based Pacific Oak Capital Advisors has closed two credit facilities that will allow the investment company to provide up to $120 million in financing for single-family rental properties.
An affiliate of MetLife Investment Management was the lead lender for both credit facilities.
“The team at MetLife Investment Management helped us finance our business for the next five years while providing critical flexibility to help manage our business,” Ben Aitkenhead, Pacific Oak Capital Advisors’ managing director, said in a statement. “We are pleased to be partner(ed) with such a highly regarded financial institution and look forward to working with them again.”
