Greystone Provides $6.4M Construction Loan For Multifamily Nursing Home In Angels Camp

1400 Foothill Village Dr, Angels Camp, CA, USA

$6,400,000

$20/SF

Building Size

317,988 SF

Asset Type

MultiFamily

Closing

Dec 3, 2020

AI

The property asset involved in this transaction is a multifamily located at 1400 Foothill Village Drive in Angels Camp. The transaction took place on 12/04/2020.

Summary of transaction details

Property Type: Multifamily
Transaction Amount: $6,400,000
Market: Angels Camp
Lender: greystone''>Greystone
Brokers: Yaakov Zar & Matthew Rubin from LevCapital

The loan provided for this transaction is a construction/value add loan for a Nursing Home. It is a non-recourse loan with a term of 24 months, including two 6-month extension options.

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