The Ardent Companies Provides $44 Million Refinance Loan To Aldin Company In Oakland

The transaction involves a loan for multiple properties located at 801, 815, 831, 901 & 933 Broadway, 806, 826, 90, 922 Washington Street, 466, 468, 478 8th Street, 467, 478, 491, 492 9th Street, and 469 & 487 10th Street in the Oakland market. The loan amount secured for the refinance is $44,000,000, involving a note/sale asset type.

Summary of transaction details:

• Property Type: Note / Sale
• Transaction Amount: $44,000,000
• Note Purchaser: The Ardent Companies
• Borrower: Adam Goldenberg - Aldin Company
• Brokers: Michael Winter, James Murad & Adam Hakim - Ripco
• Loan Type: Refinance

Key individuals in this transaction include Adam Goldenberg representing the Aldin Company, as the borrower, while the brokerage team consisting of Michael Winter, James Murad, and Adam Hakim from Ripco facilitated the deal. The involvement of The Ardent Companies as the note purchaser adds significance to the lending aspect of the transaction.