FINANCED
Meridian Capital Group Arranges $262.5M Construction Loan For 658-unit Multifamily In Irvine, CA
17422 Derian Avenue & 18831 Von Karman Avenue
MultiFamily
Financed 1 year ago
Summary
Loan
CALIFORNIA
MultiFamily
The multifamily property located at 17422 Derian Avenue & 18831 Von Karman Avenue in Irvine, CA has been involved in a closed transaction. The property consists of 658 units and is situated in the Irvine market.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $262,500,000
- Lender: Mack Real Estate Credit Strategies
- Brokers: Drew Anderman, Alan Blank & Naphtali Marrus - Meridian Capital Group
- Loan Type: Construction Loan
- Loan Terms: 3+1+1
The construction loan for this transaction was provided by Mack Real Estate Credit Strategies. The brokers representing the deal were Drew Anderman, Alan Blank, and Naphtali Marrus from Meridian Capital Group.
Players
All
5
Agents
3
Agencies
1
Lenders
1
Details
FINANCED
IMAGE: Drew Anderman, Alan Blank & Naphtali Marrus
DATE: 02/15/2022
ADDRESS: 17422 Derian Avenue & 18831 Von Karman Avenue
MARKET: Irvine, CA
ASSET TYPE: Multifamily ~ UNITS: 658
LENDER: Mack Real Estate Credit Strategies
BROKERS: Drew Anderman, Alan Blank & Naphtali Marrus - Meridian Capital Group
LOAN AMOUNT: $262,500,000
LOAN TYPE: Construction Loan
LOAN TERMS: 3+1+1View on map
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Address17422 Derian Avenue & 18831 Von Karman Avenue
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