Banc Of California Provides $4.95M Loan For Package Deal In Los Angeles

1843 South Gramercy Place, Los Angeles, CA, USA

$4,950,000

$503/SF

Building Size

9,828 SF

Asset Type

Other

Closing

Jul 21, 2020

AI

1843 S. Gramercy Pl. & 3066 W. 15th St, located in Los Angeles, was involved in a package deal transaction. The loan amount for this deal was $4,950,000. The lender, Banc of California, provided the financing for this transaction.

Summary of transaction details

Property Type: Package Deal
Transaction Amount: $4,950,000
Lender: Banc of California
Brokers: Eric Gleitman & Zach Thurm - Mercury Capital Markets

Eric Gleitman and Zach Thurm, representing Mercury Capital Markets, played a crucial role as brokers in this transaction. They assisted in facilitating the deal for both the buyer and the lender. Their expertise and negotiation skills were instrumental in the successful completion of this package deal.

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