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

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.