Crestline Investors (“Crestline”) and Everest Financial Services have provided a senior secured credit facility to finance the construction of the Melodia, an 83-unit Class A multifamily project located in Ontario, California. The project is sponsored by Ambitus Partners, a vertically integrated Southern California-based developer.
“We were drawn to the Melodia project given its premium amenity package and strategic location within one of the Inland Empire’s highest-performing submarkets,” said Wes Davidson, Director at Crestline Investors. “Ambitus has demonstrated a thoughtful approach to the project, and we believe it is well-positioned within the submarket to provide a premium rental offering.”
“It was a pleasure working with Crestline and Ambitus Partners to help bring this transaction across the finish line,” said Ryan O'Donovan, Principal at Everest Financial Services. “Ambitus has built a compelling business plan for Melodia and has taken a thoughtful approach to delivering a high-quality multifamily community in a strong Ontario submarket. We believe the project is well-positioned to meet the evolving needs of renters and to be a meaningful addition to the area.”
“Crestline brought deep multifamily knowledge and a collaborative mindset to structuring this facility,” said Eddy Wan, Principal at Ambitus Partners. “Their flexibility and speed allowed us to capitalize on a unique infill opportunity, and we’re excited to deliver a high-quality residential community that reflects the evolving needs of the local renter base.”
About Crestline Management, L.P.
Crestline is a global alternative investment management firm founded in 1997 and based in Fort Worth, Texas, with affiliate offices in London, New York, Tokyo, and Toronto. The firm has approximately $18 billion of credit assets under management (as of September 30, 2025) including its capital solutions, direct lending, and portfolio finance platforms. For more information, visit www.crestlineinvestors.com.
About Everest Financial Services
Everest Financial Services was launched to provide capital to investors and developers who have long been underserved by traditional lending sources. Our leadership team comes from a background in real estate finance and development, so we understand the need for creative financial structures. Our expertise and entrepreneurial approach to real estate finance enable us to create optimal capital structures that meet the needs of our borrowers.
About Ambitus Partners
Ambitus Partners is a vertically integrated real estate development and investment firm based in Arcadia, California. Ambitus collaborates with a seasoned team of technical professionals, contractors, and investors to make every project successful. Ambitus rigorously implements a design philosophy that integrates inputs early and often from general contractors, architects, and engineers. Ambitus Partners current focus is developing and acquiring/repositioning multifamily assets in Southern California and industrial products in Phoenix, Arizona. For more information, visit www.ambituspartners.com.
This financial promotion is issued by Crestline Management, LP and Crestline Europe, LLP (together "Crestline"). Crestline Europe, LLP is authorized and regulated by the Financial Conduct Authority (FCA). The material is not intended to be a formal research report and nothing in this presentation should be interpreted to state or imply that past results are an indication of future performance. Any opinions expressed herein are our current opinions only. There can be no assurance or guarantee that Crestline's investment strategy will achieve its stated goal. All information provided in this presentation is for informational purposes only Crestline accepts no liability for loss arising from the use of this material. In the United Kingdom, this communication is being made only to, or directed only at, persons who are: (i) investment professionals within the meaning of Article 19 of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (“FP Order”); (ii) high net worth companies and certain other entities falling within Article 49 of the FP Order; or (iii) any other persons to whom such communication may lawfully be made. It must not be acted, or relied, upon by any other persons.
