Charlie Brosens & Harris Pergament Of Urban Standard Capital Provides $53M Construction Loan In Los Altos CA
FINANCED
$53,000,000
California
See Similar DealsCondo73,967 SF
Financed 08/29/2025
FINANCED
Charlie Brosens & Harris Pergament Of Urban Standard Capital Provides $53M Construction Loan In Los Altos CA
4846 West El Camino Real
See Similar DealsCondo73,967 SF
Financed 08/29/2025
Summary
CALIFORNIA
Asset Type:Condo
Price Per Square Foot:$716
Total Square Footage:73,967 SF
Transaction Type:Loan
The property involved in this transaction is a condo located at 4846 El Camino Real in Los Altos, CA, with a total square footage of 73,967. A construction loan was secured for the amount of $53,000,000, which is intended for residential construction purposes.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $53,000,000
- Market: Los Altos, CA
- Lender: Charlie Brosens & Harris Pergament - Urban Standard Capital
- Loan Type: Construction
Charlie Brosens and Harris Pergament represent Urban Standard Capital in this transaction. USC specializes in financing residential construction projects across the country, adopting a creative and social-oriented approach to structuring deals tailored to meet the unique needs of each project. For inquiries, contact Harris at [email protected] and Charlie at [email protected].
Players
LENDER
Details
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$53,000,000.00
Monthly NOI$353,333.33
Monthly Debt Service$334,996.05
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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