Slate Real Estate Capital Closes $27M Loan For Lantana Uptown Multifamily In Oakland | 625 16th Street | Slate Real Estate Capital | Lillian Roos, Charles Halladay | MultiFamily | Loan

Summary

Loan

CALIFORNIA

MultiFamily

Slate Real Estate Capital has closed a $27 million loan for the financing of Lantana Uptown, a Class-A multifamily property located at 625 16th Street in Oakland. The loan amount of $27,000,000 aligns with the strong fundamentals of the Bay Area's multifamily market.

Summary of transaction details:

Property Type: Multifamily
Transaction Amount: $27,000,000
Units: 140
Address: 625 16th Street
Market: Oakland

The transaction involved brokers Charles Halladay and Lillian Roos from JLL, who represented both the lender, Slate Real Estate Capital, and the borrower in securing the senior loan for the financing of Lantana Uptown.

Players

All
4

Agents
2
Agencies
1
Lenders
1

Lillian Roos

Structured Finance, Debt & Equity Placement, Associate

Charles Halladay

Senior Managing Director, San Francisco Office Co-Head

$311.6M Sold

JLL

Slate Real Estate Capital

Details

Deal Summary

FINANCED

IMAGE: Lillian Roos & Charles Halladay DATE: 07/06/2023 ADDRESS: 625 16th Street MARKET: Oakland ASSET TYPE: Multifamily ~ UNITS: 140 LENDER: Slate Real Estate Capital BROKERS: Charles Halladay & Lillian Roos - JLL LOAN AMOUNT: $27,000,000 LOAN TYPE: Senior Loan NOTE: Slate Real Estate Capital has closed a $27 million loan for the financing of Lantana Uptown, a Class-A multifamily property in Oakland. The investment aligns with the strong fundamentals of the Bay Area's multifamily market.

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Address625 16th Street

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