Ron Levi Of Adea Properties Secures $7.07M Refinance For Multifamily Development In West Hollywood

The asset involved is a newly built five-unit luxury multifamily development located at 755 North Alfred Street in West Hollywood’s Melrose District. The loan amount secured for this property is $7,075,000, with a refinance loan type and terms set for 5 years.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $7,075,000
• Loan Type: Refinance
• Loan Terms: 5 Years
• Address: 755 North Alfred Street
• Market: West Hollywood
• Landlord: Ron Levi - Adea Properties
• Brokers: Dorian Aftalion, Morgan Ben-Moshe, & David Oheb - Meridian Capital Group

The transaction involves key individuals from Meridian Capital Group, which is actively arranging financing across various asset types including multifamily and mixed-use developments. For this transaction, the brokers representing the landlords are Dorian Aftalion, Morgan Ben-Moshe, and David Oheb.