The transaction involved three multifamily assets located at 1883 West 20th Street, 4901 Romaine Street, and 25134 Frampton Avenue in the Los Angeles and Harbor City markets. The properties comprise a total of 20 units and have a total square footage of 20,666. The loan amount secured for this transaction was $7,224,000 under a bridge loan type with a term of 18 months.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $7,224,000
• Units: 20
• Square Feet: 20,666
• Address: 1883 West 20th Street, 4901 Romaine Street & 25134 Frampton Avenue
• Market: Los Angeles & Harbor City
• Lender: Continental Partners
• Landlord: TDC Pacific Properties
• Lender's Representatives: JM Grimaldi & Dave Brelian - Continental Partners
• Loan Type: Bridge
• Loan Terms: 18 months

Continental Partners facilitated the loan, with JM Grimaldi and Dave Brelian structuring a debt package that provided a high-leverage solution. The financing served to retire maturing debt, fund the final stages of construction, and enable the sponsorship to access future equity opportunities.