Grubb Properties Secures $21 Million Recapitalization Loan From Peachtree Group In Los Angeles

The asset involved in this transaction is a MultiFamily property located at 1000 South Vermont Avenue in the Los Angeles market. The loan amount for this property is $21,000,000.00, facilitated through a recapitalization loan provided by Peachtree Group.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $21,000,000.00
• Lender: Peachtree Group
• Landlord: Grubb Properties
• Loan Type: recapitalization
• Date: 01/10/2025
• Address: 1000 South Vermont Avenue
• Market: Los Angeles

This deal involves key individuals such as the representatives from Peachtree Group and Grubb Properties. The arrangement details the lender as Peachtree Group and the landlord as Grubb Properties, highlighting the engaged parties in this financial transaction.