Arc Capital Partners Provides $24.5M Loan For Mixed-Use Property In Newport Beach

3434 Via Lido, Newport Beach, CA, USA

$24,500,000

$211/SF

Building Size

116,000 SF

Asset Type

Mixed-use

Closing

Mar 19, 2021

AI

A mixed-use property located at 3434 Via Lido in Newport Beach has recently undergone a closed transaction. The property spans over 116,000 square feet and is situated in the thriving market of Newport Beach.

Summary of transaction details:

Property Type: Mixed-use
Transaction Amount: $24,500,000
Date: 03/20/2021
Loan: Arc Capital Partners
Landlord: DJM
Brokers: Steven Bram, David Pascale, and Patrick O’Donnell represented by George Smith Partners; Bryan Ley and Geoff Tranchina represented by JLL

Among the individuals and companies involved in this transaction, the following individuals provided their expertise: Steven Bram, David Pascale, and Patrick O’Donnell from George Smith Partners, as well as Bryan Ley and Geoff Tranchina from JLL.

Players