Urban Standard Capital Provides $13.52 Million Loan For Single Family Property In Encinitas
California
See Similar DealsUrban Standard Capital Provides $13.52 Million Loan For Single Family Property In Encinitas
241 Andrew Avenue
See Similar DealsSummary
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.
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