ACORE Capital

Stories

SoLa Impact's 188-unit modular affordable complex takes shape in South LA

Provided $34.8M construction loan

Prefabricated modules are now stacked into a five-story frame at 4301 S. Vermont Ave. in Los Angeles' Vermont Square neighborhood. SoLa Impact is building 188 one-bedroom apartments there, all reserved for low- and moderate-income households.

Updated Oct 31

Foreclosed Granary District campus rebrands as Foundry43 under ACORE Capital

Money Moves

As of September 2026: Foreclosed on Industry SLC; now controls Foundry43

The Granary District campus that opened in 2020 as a celebrated adaptive-reuse project has a new name and a new owner. Foundry43 is controlled by ACORE Capital, the lender that foreclosed after Catalyst Opportunity Funds defaulted on a $97.3 million loan.

Updated Sep 24