2031 Ivar St In Hollywood Hills Secures $3.2M Construction Loan From Private Debt Fund
FINANCED
$3,200,000
California
See Similar DealsDevelopment Site6,970 SF
Financed 04/23/2021
FINANCED
2031 Ivar St In Hollywood Hills Secures $3.2M Construction Loan From Private Debt Fund
2031 Ivar Avenue, Central LA, Los Angeles, CA, USA
See Similar DealsDevelopment Site6,970 SF
Financed 04/23/2021
Summary
CALIFORNIA
Asset Type:Development Site
Price Per Square Foot:$459
Total Square Footage:6,970 SF
Transaction Type:Loan
2031 Ivar St, located in Hollywood Hills, was involved in a recent closed transaction. The property was part of a construction loan deal.
Summary of transaction details
- Property Type: Construction Loan
- Loan Amount: $3,200,000
- Term: 88% LTC, quick close
The loan for 2031 Ivar St was provided by Private Debt Fund. The landlord in this transaction was 2031 IVAR SPE. The brokers involved were Cameron Huard (Cameron Huard @CamHuard) and Will Macfee (Will Macfee @WillMacfee) from WelcomeLend.
It is important to note that no additional information is available at this time.
Players
LENDER
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Lenders
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$3,200,000.00
Monthly NOI$21,333.33
Monthly Debt Service$20,226.18
Change in Cash Flow$0.00
Refinance Proceeds$0.00
Is there something missing? Send suggestions