CGI Strategies Secures $47.8M Loan For Development Site In Koreatown

A development site located at 837 S. Fedora Street in Koreatown has been involved in a closed transaction. The loan for this property was provided by Dekel Capital, with a loan amount of $47,800,000. The property consists of 200 units and is owned by CGI Strategies, represented by Gidi Cohen. The transaction took place on 03/19/2020.

Summary of transaction details:

• Property Type: Development site
• Transaction Amount: $47,800,000
• Address: 837 S. Fedora Street
• Market: Koreatown
• Units: 200
• Lender: Dekel Capital
• Landlord: CGI Strategies - Gidi Cohen
• Date: 03/19/2020

This transaction involved the collaboration between Dekel Capital as the lender and CGI Strategies, represented by Gidi Cohen, as the owner. The development site, located at 837 S. Fedora Street in Koreatown, features 200 units. The loan provided by Dekel Capital amounted to $47,800,000. The transaction was finalized on 03/19/2020.