A residential condo property located at 705 W. 9th St. in DTLA has recently been involved in a closed transaction. The property consists of 214 units and was sold for a loan amount of $95 million. The loan has a term of 10 years and was provided by helaba''>Helaba. The landlord in this transaction is ASB RE Investments.

Summary of transaction details

• Property Type: Resi Condo
• Transaction Amount: $95M
• Address: 705 W. 9th St.
• Market: DTLA

In this deal, Helaba served as the lender, providing a loan amount of $95 million. ASB RE Investments acted as the landlord. The transaction involved the sale of a residential condo property located at 705 W. 9th St. in DTLA, consisting of 214 units. The loan term is set at 10 years, allowing the buyer to utilize the property for an extended period.