Charlie Brosens & Harris Pergament Of Urban Standard Capital Provides $53M Construction Loan In Los Altos CA
4846 West El Camino Real
$53,000,000
$716/SF
Building Size
73,967 SF
Asset Type
Condo
Closing
Aug 28, 2025
AI
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
Los Altos Condo Market Snapshot
Boundary boundary · Condo · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.30%
Cash-on-Cash
-0.09%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93