Daniel Mense Of KH Equities Secures $18 Million Construction Loan For Granada Hills Multifamily

The asset involved in this transaction is a multifamily property located at 17188 Chatsworth Street in Granada Hills. This property consists of 69 units and encompasses a total area of 44,000 square feet.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $18,000,000
• Loan Type: Construction
• Loan Terms: 91% LTC
• Lender: Trent Cantrelle - Genesis Capital
• Landlord: Daniel Mense - KH Equities
• Broker: Zachary Streit - Priority Capital Advisory

The key individuals involved in this transaction include the lender Trent Cantrelle from Genesis Capital, the landlord Daniel Mense from KH Equities, and the broker Zachary Streit from Priority Capital Advisory, all of whom played significant roles in facilitating the loan for this multifamily property development.