Peachtree Group Provides $20.5M Bridge Loan For Sacramento Industrial Property
4100 Northgate Boulevard
Summary
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.
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