Greystone Provides $6.4M Construction Loan For Multifamily Nursing Home In Angels Camp | 1400 Foothill Village Drive | Greystone | Matthew (Matt) Rubin, Yaakov Zar | MultiFamily | Loan

Summary

Loan

CALIFORNIA

MultiFamily

317,988 sqft

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.

Players

All
4

Agents
2
Agencies
1
Lenders
1

$5.3M Sold

Details

Deal Summary

FINANCED

IMAGE: Matthew Rubin, Yaakov Zar, Dan Sacks, Avi Kozlowski DATE: 12/04/2020 ADDRESS: 1400 Foothill Village Drive MARKET: Angels Camp ASSET TYPE: Multifamily LENDER: Greystone BROKERS: Yaakov Zar & Matthew Rubin @LevCapital AMOUNT: $6,400,000 LOAN TERMS: Construction/value add loan for a Nursing Home. Non-recourse, Term: 24 months with two, 6 month extension options

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Address1400 Foothill Village Drive

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