Chase Calderon Secures $15.3M Construction Loan For 28-Unit MultiFamily On Gower Street, Los Angeles

1759 Gower Street

MultiFamily

40,000 SF

Financed 310 days ago

Summary

Loan

CALIFORNIA

MultiFamily

40,000 sqft

A construction loan of $15,300,000 has been secured for a multi-family property located at 1759 Gower Street in Los Angeles. The property comprises 28 units with a total square footage of 40,000. The loan represents 81% Loan-to-Cost (LTC) or 75% Loan-to-Value (LTV).

Summary of transaction details:

Property Type: MultiFamily
Transaction Amount: $15,300,000
Address: 1759 Gower Street
Market: Los Angeles
Units: 28
Square Footage: 40,000

The landlord for this property is Ilan Israely. The loan was secured with the assistance of Chase Calderon from Slatt Capital.

Players

All
2

Agents
1
Agencies
1

Chase Calderon

Vice President

$11M Sold

Slatt Capital

Details

Deal Summary

FINANCED

IMAGE: Chase Calderon DATE: 06/26/2023 ADDRESS: 1759 Gower Street MARKET: Los Angeles ASSET TYPE: MultiFamily ~ UNITS: 28 ~ SF: 40,000 LANDLORD: Ilan Israely BROKER: Chase Calderon - Slatt Capital LOAN AMOUNT: $15,300,000 LOAN TYPE: Construction LOAN TERMS: 81% LTC (75% LTV)

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Address1759 Gower Street

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