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Urban Standard Capital Provides $13.52 Million Loan For Single Family Property In Encinitas

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FINANCED
$13,520,000
Gilad Tamir
Harris Pergament
+ 2

California

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Single Family Residence
Financed 12/31/2025
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FINANCED

Urban Standard Capital Provides $13.52 Million Loan For Single Family Property In Encinitas

241 Andrew Avenue

See Similar Deals
Single Family Residence
Financed 12/31/2025
Gilad Tamir
Harris Pergament
+ 2
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Summary

CALIFORNIA
Asset Type:Single Family Residence
Transaction Type:Loan

The property asset involved in this transaction is a Single Family residence located at 241 Andrew Avenue in the Encinitas market. The loan amount for the acquisition is $13,520,000, which will finance the residential construction project.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $13,520,000
  • Lender: Harris Pergament, Bean, Seth Weissman & Elijah Zuckerman - Urban Standard Capital
  • Landlord: Gilad Tamir & Adam Greenberg - Greenline Development Group
  • Loan Type: Acquisition

This transaction involved key individuals from Urban Standard Capital and Greenline Development Group, showcasing a collaborative effort in financing and managing the residential project. The lenders adopt a creative, solutions-oriented approach tailored to meet the unique needs of each project.

Players

Seth Weissman
56 deals$590.5M volume
LENDER

Harris Pergament
Urban Standard Capital
6 deals$180.7M volume
LENDER

Elijah Zuckerman
Urban Standard Capital
6 deals$75.4M volume
LENDER

Gilad Tamir
7 deals$140.7M volume
LANDLORD

Details

FINANCED
IMAGE: Harris Pergament, Bean, Seth Weissman, Elijah Zuckerman, Gilad Tamir, Adam Greenberg, Jason Moyal & Drew Rands DATE: 12/31/2025 ADDRESS: 241 Andrew Avenue MARKET: Encinitas ASSET TYPE: Single Family LENDER: Harris Pergament, Bean, Seth Weissman & Elijah Zuckerman - Urban Standard Capital (@USC_NYC) LANDLORD: Gilad Tamir & Adam Greenberg - Greenline Development Group LOAN AMOUNT: $13,520,000 LOAN TYPE: Acquisition NOTE FROM LENDER: USC specializes in financing residential construction projects across the country. We take a creative, solutions-oriented approach to structuring deals that meet the unique needs of each project. For more information, contact Seth at ([email protected]), Harris at ([email protected]) or Elijah at ([email protected]).

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$13,520,000.00

Monthly NOI$90,133.33
Monthly Debt Service$85,455.60
Change in Cash Flow$0.00
Refinance Proceeds$0.00