MF1 Capital Provides $37.7M Bridge Loan For Multifamily Property In Los Angeles

The property involved in this closed transaction is a multifamily asset located at 410 North Rossmore Avenue in Los Angeles. It consists of 78 units with a total square footage of 66,500. The property was acquired by ESI Ventures.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $37,716,000
• Market: Los Angeles
• Units: 78
• Square Footage: 66,500

The lender for this transaction was MF1 Capital, providing a bridge loan of $37,716,000. The broker representing ESI Ventures in this deal was Brandon Asherian from George Smith Partners.