Sash Sepehran Of Shawbrook Provides $2.92M Construction Loan For Los Angeles Multifamily Asset

The property asset involved in the transaction is a multifamily building located at 2867 Partridge Avenue in Los Angeles. The asset comprises 6 units with a total square footage of 6,942. The loan amount secured for this property is $2,918,460, designated for construction purposes with a loan term of 18 months.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $2,918,460
• Asset Address: 2867 Partridge Avenue
• Market: Los Angeles
• Units: 6
• Square Footage: 6,942
• Lender: Sash Sepehran - Shawbrook
• Loan Type: Construction
• Loan Terms: 18 months

Key individuals in this transaction include Sash Sepehran, representing the lender Shawbrook. The transaction was focused on securing financing for the construction phase of the multifamily property.