Tauro Capital Advisors Secures $52.4M Construction Loan For Multifamily Property On N Ventura Ave In Ventura | 2055 North Ventura Avenue | Frankie Paparella, Matthew "Matt" Bucaro | MultiFamily | Loan

Summary

Loan

CALIFORNIA

MultiFamily

150,000 sqft

The multifamily property located at 2055 N Ventura Ave in Ventura has been involved in a recent loan transaction. The property consists of 125 units and spans approximately 150,000 square feet.

Summary of transaction details

Property Type: Multifamily
Transaction Amount: $52,400,000
Loan Type: Construction
Loan Terms: 85% LTC

The loan for this property amounts to $52,400,000 and falls under the category of construction loans. The loan terms indicate that it covers 85% of the loan-to-cost ratio.

Noah Harris is the landlord of the property, while the deal was facilitated by brokers Frankie Paparella ([email protected]) and Matt Bucaro ([email protected]) from Tauro Capital Advisors.

Players

All
3

Agents
2
Agencies
1

Frankie Paparella

Associate Director

Matthew "Matt" Bucaro

Senior Director

Tauro Capital Advisors

Details

Deal Summary

FINANCED

IMAGE: Frankie Paparella & Matt Bucaro DATE: 09/06/2022 ADDRESS: 2055 N Ventura Ave MARKET: Ventura ASSET TYPE: Multifamily ~ UNITS: 125 ~ SF: 150,000 LANDLORD: Noah Harris BROKERS: Frankie Paparella ([email protected]) & Matt Bucaro ([email protected]) - Tauro Capital Advisors LOAN AMOUNT: $52,400,000 LOAN TYPE: Construction LOAN TERMS: 85% LTC

View on map

Address2055 North Ventura Avenue

Comparables

This user does not have deals with the selected filters yet.
Reset filters to show results.

Contact

Get in touch with the broker you want