$6,400,000
Sale price
Single Family · Hollywood Hills
Villa De Vistas
7212 Mulholland Dr · Sold · $6,400,000 · 2021 – 2022
16 mo
Acquisition to sale
Remodel
Defined scope — no rebuild
Mulholland
Hollywood Hills
The Investment
A defined remodel scope, a short hold, and capital returned early through a mid-hold refinance.
A Mulholland property acquired with a defined, narrow scope: the house needed a comprehensive remodel, not a rebuild, and the underwriting was built around getting in and out before the carry could compound.
Mid-hold, a refinance returned part of the sponsor's capital early while the position remained at risk through the sale. Refinance proceeds are not profit; they change when capital comes back, not how much the project makes.
The property sold for $6,400,000 roughly seven months after close of escrow, about sixteen months after acquisition.
Gallery
The Property.
The Outcome
How It Finished.
| Strategy | Result | Years |
|---|---|---|
| Remodel + refinance | Sold — $6,400,000 | 2021 – 2022 |
Detailed project financials are discussed privately with investors we have an established relationship with. How we work with investors →
This project was completed by the principals through Thornton Development Group or an affiliated predecessor entity. It was not an Assemble Capital offering and did not involve Assemble Capital investors. Sale prices are recorded sale prices. Past performance is not indicative of future results.
Investment Cycle
How the Deal Ran.
Every project follows the same arc — acquire, design and permit, build, market, exit. What changes is where the time and the risk concentrate.
2021
Acquire
Purchased with a remodel-only scope and a defined exit window.
2021–2022
Build
Comprehensive remodel executed on a compressed schedule.
Mid-hold
Refinance
Mid-hold refinance returned capital early; remaining equity stayed at risk.
2022
Market
Listed immediately upon completion into a strong comp set.
2022
Exit
Sold at $6,400,000 roughly seven months after close of escrow.
The Takeaway
Refinance as a return-of-capital tool. Getting capital back early lowers exposure, even when the project's total profit is unchanged.
Investor Relationships
Interested in How We Work?
We develop Los Angeles residential projects alongside investors we know well, and the principals personally guarantee the project loans, never our investors. Project details are shared privately, once we’ve gotten to know you. Nothing here is an offer to sell or a solicitation to buy any security.