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4100 Northgate Boulevard
FINANCED

Peachtree Group Provides $20.5M Bridge Loan For Sacramento Industrial Property

4100 Northgate Boulevard

Industrial
clock iconFinanced 18 days ago
Alexander Rossinsky
Malcolm Davies
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Summary

Loan
CALIFORNIA
Industrial

The industrial property located at 4100 Northgate Boulevard in Sacramento was involved in a recent transaction. The property, owned by Charles Tourtellotte & Chris Tourtellotte of LaTerra Development, secured a bridge loan worth $20,500,000 from lender Nisu Mehta of Peachtree Group. The deal was facilitated by brokers Malcolm Davies and Alexander Rossinsky from WAY Capital.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $20,500,000
  • Address: 4100 Northgate Boulevard
  • Market: Sacramento
  • Lender: Nisu Mehta - Peachtree Group
  • Landlord: Charles Tourtellotte & Chris Tourtellotte - LaTerra Development
  • Brokers: Malcolm Davies (Waycapitalcre) & Alexander Rossinsky - WAY Capital

The key individuals involved in this transaction include Nisu Mehta as the lender representing Peachtree Group and Charles Tourtellotte & Chris Tourtellotte as the landlords from LaTerra Development. Additionally, the deal was negotiated with the expertise of Malcolm Davies from Waycapitalcre and Alexander Rossinsky from WAY Capital, who worked as the brokers in facilitating this successful bridge loan transaction.

Players

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    4

  • Agents

    2

  • Agencies

    1

  • Lenders

    1

Alexander Rossinsky's profile picture
Alexander Rossinsky
WAY Capital-image
Senior Vice President

Details

Deal Summary
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FINANCED
IMAGE: Nisu Mehta, Charles Tourtellotte, Chris Tourtellotte, Malcolm Davies & Alexander Rossinsky DATE: 04/19/2024 ADDRESS: 4100 Northgate Boulevard MARKET: Sacramento ASSET TYPE: Industrial LENDER: Nisu Mehta - Peachtree Group LANDLORD: Charles Tourtellotte & Chris Tourtellotte - LaTerra Development BROKERS: Malcolm Davies (@MalcolmpDavies) (Waycapitalcre) & Alexander Rossinsky (@Alex.Rossinsky) - WAY Capital (@WayCapitalCRE) LOAN AMOUNT: $20,500,000 LOAN TYPE: Bridge Loan

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Address4100 Northgate Boulevard

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