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
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