Greg Tylee & Russell Holmes Of Clarity Real Estate Lease Development Site In Rancho Mirage For $187.4M

The property asset involved in this transaction is a development site located at 10 Danube Drive in Rancho Mirage. The loan amount secured for this project is $187,400,000, classified as a construction loan.

Summary of transation details:

• Property Type: Development Site
• Transaction Amount: $187,400,000
• Lender: Robert Rothschild & Even Abraham - InterVest Capital Partners & Robert Trent - Builders Capital
• Landlord: Greg Tylee & Russell Holmes - Clarity Real Estate
• Brokers: Ari Hirt, Sean Reimer, Christopher de Raet, Aaron Appel, Dustin Stolly, Jonathan Schwartz, Adam Schwartz & Keith Kurland - Walker & Dunlop
• Market: Rancho Mirage

The deal involves key individuals and companies, including lenders Robert Rothschild and Even Abraham from InterVest Capital Partners and Robert Trent from Builders Capital. Landlord representation is provided by Greg Tylee and Russell Holmes of Clarity Real Estate. The brokerage team facilitating this transaction includes Ari Hirt, Sean Reimer, Christopher de Raet, Aaron Appel, Dustin Stolly, Jonathan Schwartz, Adam Schwartz, and Keith Kurland from Walker & Dunlop.