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, comprising a total square footage of 86,479. The loan for this property amounts to $46,600,000. The type of loan issued for this property is categorized as construction financing.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $46,600,000
• Loan Type: Construction
• Asset Address: 1540 West Court Street
• Market: Los Angeles
• Lender: JP Morgan & BlueHub Capital
• Landlord: Tobias Harris, Terry Harris & Torrel Harris
• Brokers: Justin Piasecki - George Smith Partners; Robert Horton - Concord Summit Capital

The deal is represented by key individuals, including brokers Justin Piasecki from George Smith Partners and Robert Horton from Concord Summit Capital. The landlords involved in this transaction are Tobias Harris, Terry Harris, and Torrel Harris, indicating a collaborative effort among them in securing the financing for this multifamily asset.