Quantum Capital Partners Secures $26M Construction Financing to Kickstart Major Mixed-Use Activation
The Californer/10334442

ROSEMEAD, Calif. - Californer -- ROSEMEAD, Calif. — Amid a constrained lending environment for ground-up construction, Quantum Capital Partners has successfully arranged a $26 million construction loan for Prospect Villa, a new mixed-use development set to revitalize a key stretch of the San Gabriel Valley. The financing was secured by Quantum Vice President Kevin Wong on behalf of the developer, The Connected Companies.

Located along the Garvey Avenue corridor, the project will deliver a seven-story multifamily complex featuring 75 residential units and 6,350 square feet of ground-floor retail space.

The closing highlights a significant appetite for well-structured deals in submarkets with high barriers to entry. While development along Rosemead's Garvey Avenue has been historically slow despite the city's Specific Plan, Prospect Villa represents a major step forward in activating the corridor.

"Securing construction financing in today's capital markets requires a compelling sponsor and a project that truly fits the local demographic," said Kevin Wong of Quantum Capital Partners. "The Connected Companies is developing a project that directly addresses the housing needs of Rosemead, and lenders responded positively to the vision of transforming this underutilized site into a vibrant community hub."

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Project Highlights:

• Design: Designed by Scale Labs Architects, the contemporary low-rise structure features a distinctive cascading terrace deck design at the rear, offering outdoor space and architectural interest.
• Unit Mix: The property will offer a diverse mix of one-, two-, three-, and four-bedroom floor plans, including designated live/work units to cater to the area's entrepreneurial demographic.
• Location Impact: The project is poised to serve as a catalyst for future development on Garvey Avenue, where several lots remain undeveloped.

Prospect Villa is expected to break ground immediately, signaling renewed investor confidence in the San Gabriel Valley's mixed-use sector.

About Quantum Capital Partners Based in Beverly Hills, California, Quantum Capital Partners provides a full range of commercial real estate financing services. The principals of Quantum Capital Partners have completed more than 800 debt and equity transactions with an aggregate value in excess of $10 billion. Quantum was founded on the principle that good advice reflects knowledge and experience. Through the diligent application of this principle, Quantum has earned the reputation as a premier provider of commercial real estate capital and unbiased advisory services.
For more information visit: www.quantumcp.com