Continental Partners Provides $6.2M Bridge Loan For Development Site On Beverly Blvd

The asset involved in the transaction is a development site located at 7901 Beverly Blvd in the Los Angeles market. The asset has a building square footage of 28,912 and a total lot size of 85,410 square feet.

Summary of transation details:

• Property Type: Development Site
• Transaction Amount: $6,200,000
• Loan Type: Bridge
• Loan Terms: Rate - 6.90%, Term - 12 Months, Amortization - Interest Only, Pre-Pay - None
• Lender: Continental Partners
• Lender's Representatives: Andrew Sawyer & Chase Calderon
• Landlord: B&F Associates

Key individuals in the deal include Andrew Sawyer and Chase Calderon, representing Continental Partners as the lender. The transaction reflects the engagement of B&F Associates as the landlord, highlighting the involvement of these parties in this loan agreement.