Tobias Harris, Terry Harris, And Torrel Harris Landlords Secures $46.6M Construction Loan In Los Angeles

The asset involved in this transaction is a multifamily property located at 1540 West Court Street in Los Angeles. It spans a total square footage of 86,479 and is the subject of a construction loan amounting to $46,600,000.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $46,600,000
• Lender: JP Morgan & BlueHub Capital
• Landlord: Tobias Harris, Terry Harris & Torrel Harris
• Broker Representatives: Justin Piasecki - George Smith Partners; Robert Horton - Concord Summit Capital
• Loan Type: Construction

This transaction features key individuals including the landlords Tobias Harris, Terry Harris, and Torrel Harris, who are integral to the property ownership. Broker representatives Justin Piasecki from George Smith Partners and Robert Horton from Concord Summit Capital facilitated the loan transaction with the lenders JP Morgan and BlueHub Capital.