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10663 Chalon Road

Seth Weissman Of Urban Standard Capital Provides $21 Million Loan For Single Family Home In Bel Air
FINANCEDSingle Family Residence

Seth Weissman Of Urban Standard Capital Provides $21 Million Loan For Single Family Home In Bel Air

$21,000,000

$2,286/SF

Building Size

9,183 SF

Asset Type

Single Family Residence

Closing

Apr 30, 2025

AI

The property asset involved in the transaction is a single-family home located in the Bel Air market, featuring a square footage of 9,183. The transaction was supported by a construction loan amounting to $21,000,000.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $21,000,000
  • Market: Bel Air
  • Lender: Seth Weissman, Robert Levine, Harrison Rowen & Bean - Urban Standard Capital
  • Loan Type: Construction

The key individuals involved in the deal include Seth Weissman, Robert Levine, Harrison Rowen, and Bean, representing Urban Standard Capital, a leading financing provider for residential properties. They facilitate funding through their single-family spec financing program.

Players

Seth Weissman

Urban Standard Capital

Lender

$590.5M

vol

56 deals

Lender
Urban Standard Capital
Urban Standard CapitalLender

Los Angeles Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Loan transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.76%

Cash-on-Cash

-0.22%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93