EGC Partners Secures $22.8 Million Bridge Loan From Jeffrey Karsh For Los Angeles Multifamily Asset
California
See Similar DealsEGC Partners Secures $22.8 Million Bridge Loan From Jeffrey Karsh For Los Angeles Multifamily Asset
904 South New Hampshire Avenue
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The asset involved in the transaction is a multifamily condo located at 904 South New Hampshire Avenue in the Los Angeles market. It comprises 63 units and is classified as a multifamily property. The loan amount associated with this transaction is $22,800,000 and it is categorized as a bridge loan.
Summary of transaction details:
- Property Type: Multifamily (Condo)
- Transaction Amount: $22,800,000
- Address: 904 South New Hampshire Avenue
- Market: Los Angeles
- Asset Units: 63
- Lender: Jeffrey Karsh - Tryperion Holdings
- Landlord: EGC Partners
- Broker: Zack Streit - Priority Capital Advisory
- Loan Type: Bridge
The transaction features key participants including Jeffrey Karsh, who represents the lender Tryperion Holdings, and Zack Streit, representing Priority Capital Advisory as the broker. EGC Partners is identified as the landlord in this deal.
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