Urban Standard Capital, a renowned firm in the institutional real estate investment sector, has recently announced it has successfully closed a substantial construction loan of $53 million for a new luxury condominium project located on El Camino Real in the vibrant community of Los Altos, California. This project marks a significant step for Urban Standard Capital as it continues to expand its presence in key U.S. markets.
The upcoming development will be a noteworthy addition to the Los Altos area, bringing over 50 new condominiums to the housing market. Among these, there will be 10 units designated as affordable housing, addressing the growing need for diverse housing options in one of Silicon Valley’s most sought-after neighborhoods. The project is strategically positioned near several major technology campuses, making it particularly appealing to young professionals and local buyers who are eager for quality homes.
Potential residents can look forward to a thoughtfully designed mix of one-, two-, and three-bedroom homes that cater to different lifestyles and needs. The design aims to meet the growing demand for modern living spaces in the area, featuring elements that enhance the overall living experience.
Backing this ambitious project is a robust financial structure, including $3 million in mezzanine financing from Reign Funding. Urban Standard Capital completed the transaction on August 28, 2025, and the firm is optimistic about finishing the project within 22 months, contributing to the region’s housing supply in a timely manner.
The deal in Los Altos underscores Urban Standard’s commitment to national expansion. So far this year, the firm has been actively involved in closing 45 loans across 9 different states, with a total investment exceeding $630 million. This impressive figure highlights Urban Standard’s growing portfolio, which includes significant projects in major cities such as New York City, Los Angeles, Aspen, Telluride, and the Hamptons.
KEY QUOTES:
“With nine loans closed in California this year totaling more than $154 million, Urban Standard continues to experience strong momentum across the West Coast as institutions increasingly look to private credit for stable, risk-adjusted returns. This Los Altos project underscores both the depth of demand in supply-constrained markets and our ability to execute quickly on opportunities that align with institutional-quality underwriting standards.”
Seth Weissman, Founder and Managing Partner of Urban Standard Capital
“Reign Funding is excited to work with Urban Standard Capital on this development, tapping into the unparalleled strength of the Silicon Valley market to deliver superior, risk-adjusted returns for our investors in one of the nation’s most competitive real estate markets.”
Kevin Perrotta, Senior Vice President at Reign Funding
“Los Altos is one of the most exclusive markets in Silicon Valley, with median home prices above $5 million and steady demand from high-net-worth tech buyers. This project is an excellent example of how our lending platform can provide flexible capital in markets with great fundamentals.”
Harris Pergament, Senior Associate at Urban Standard Capital
